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World Stock Markets Trading Discussion - Blurred battlements


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Posted

Early openers going off in all directions: Kiwis +0.1%, Aussies -1%, Nikkers +1.9% and Sth Korea -0.6%.

Quite a drop for Aussie sectors: Gold -2.3%, Telecomms -2.2% and Financials -1.6%.
 

 

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t?s=%5EAORD

Posted

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No-one's a happy camper today, least of All Ords which fell -2%.  Telecomms -3.8% headed the list followed by Financials -2.8% and REITS/Gold both -2%.  IT was the lone green, +1.8%.

Over in Asia, China -1.2%, Honkers -2.5%, India -1.8% and Nikkers down a massive -7.3%.

 

 

On to UK/Europe:

 

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Posted
http://www.bloomberg.com/news/2013-05-23/japan-s-bonds-fall-on-fed-comments-as-10-year-yield-rises-to-1-.html   Japan’s Bond Yields Touch 1% as BOJ Injects Funds to Stem Swings

 

 

Japanese government bonds fell, with 10-year rates touching 1 percent for the first time in a year, on speculation the Federal Reserve will curb stimulus and the Bank of Japan will tolerate an increase in yields.

Japan’s five-year note rate matched the highest in two years after Fed Chairman Ben S. Bernanke said yesterday the central bank may trim bond purchases if policy makers see indications of sustained economic growth. The BOJ injected 2 trillion yen ($19.4 billion) into the financial system to stem volatility following a circuit breaker in JGB futures trading.

 

Posted

$spx 2 day cycle projection 1641 done. 3 day cycle projection 1635. 5 day 1633. 

Posted

Well, seems we have a bit of a crash, which I had no clue was coming. I guess I was due for a faceslap. 

Posted

$spx 2 day cycle projection 1641 done. 3 day cycle projection 1635. 5 day 1633. 

 

Pretty much done. 2 day cycle projection drops to 1632-33 in line with 5 day, but 3 day now looks 1627, so could be a little lower low this PM.  

Posted

Well, seems we have a bit of a crash, which I had no clue was coming. I guess I was due for a faceslap. 

 

It was a great winning streak. Short term movements like this are impossible to predict.

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