aussiebear Posted May 18, 2012 Report Posted May 18, 2012 Early openers on a selling spree: Kiwis -1.4%, Aussies -1.8%, Nikkers -2.2% and Sth Korea -2.3%. In Aussie sectors Gold +3.2% is the only green with Energy -2.6%, Miners -2.3% and Materials -2.1%.
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 Pic of Wings Airline from Indonesia.
BreakOut Posted May 18, 2012 Report Posted May 18, 2012 Bellwether BHP closes a buck above its 52 week lows at 63.55.
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 Yet another steep fall for All Ords, -2.6%. Financials and Miners, both -3.3% were down the most with Gold +2.7% and IT +0.3% the only green sectors. Asia on a similar trajectory: China -1.2%, Honkers -2.5%, India -1.3% and Nikkers -3%. On to UK/Europe:
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 Just possible All Ords gets a bounce here albeit of the dead cat variety. The weekly chart rolled over into downtrend at the end of April and the monthly chart has been in downtrend since mid last year.. Red line denotes today's close:
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 Nikkei is a freakin disaster..... Those heady days of 1990 seem a long time ago..
aussiebear Posted May 18, 2012 Author Report Posted May 18, 2012 Hong Kong and India are doing ok, considering...
Jetlag Posted May 18, 2012 Report Posted May 18, 2012 This euro mess is giving Ben more room to... print "Euro May Fall to Dollar Parity If Greece Leaves " http://www.bloomberg.com/video/92652827/ There are two sides to this coin, on one side Greece leaving increases the risk of other Euro Zone countries leaving and that in turn can result in a disintegration of the Euro. On the other side the Greek exit - that got in thanks to Golden Sacks cooking their books - cuts away a weak link in the currency, even if another marginal country for Euro zone's GDP leaves. If Spain and/or Italy also leave the Euro Zone, France can't afford to stay and that will be the end of the Euro. Germany and France are fiddling a lot instead of taking action. Maybe they got bunds and oats to sell... http://www.bloomberg.com/quote/GDBR10:IND http://www.bloomberg.com/quote/GFRN10:IND
Trader Joe Posted May 18, 2012 Report Posted May 18, 2012 Market already leaking lower And there's still 3 1/2 hours 'til it opens What a steaming POS Now going up BUY BUY BUY!!! BWHAHAHAHA
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