frmthefuture Posted October 22, 2008 Share Posted October 22, 2008 on the monthly the XAO is going back to 2700, 1500 odd points to fall. Link to comment Share on other sites More sharing options...
29101971 Posted October 22, 2008 Share Posted October 22, 2008 In reply to: frmthefuture on Wednesday 22/10/08 06:09pm FTF, two weeks ago you were declaring the bottom and buying. Has your view changed in line with that monthly chart? Link to comment Share on other sites More sharing options...
frmthefuture Posted October 22, 2008 Share Posted October 22, 2008 QUOTE (29101971 @ Wednesday 22/10/08 06:33pm) i said it was a ST bottom and it could test 4800 MAX because fear was so great with VIX around 70, since then the market has rallied and it may rally some more, that said any ST rally is a selling opp not a buying one, sell the rallies and buy the dips. Overall the LT trend is down on the monthly chart with an overall target at 2700 give and take any ST rallies in between. Yes it can be hard to pick the exact move in the ST up and down, i have overall target sometimes they hit and sometimes they dont, overall there is going to be more downside, another 1500 points at least, how long or when that will occur is any ones guess, Link to comment Share on other sites More sharing options...
jr007 Posted October 22, 2008 Share Posted October 22, 2008 In reply to: frmthefuture on Wednesday 22/10/08 06:37pm   How many contracts are you short ASX and DOW? If i may also ask your entries? Cheers, JR Link to comment Share on other sites More sharing options...
frmthefuture Posted October 22, 2008 Share Posted October 22, 2008 In reply to: jr007 on Wednesday 22/10/08 06:39pm I am not short the ASX, i have shorted the Mini dow jones industrial average (ETF) pretty much since about 13300 i still have a posistion short from those levels, i have also been trading the ETF on a daily basis, i dont bother trading the ASX, i focus on the US indicies http://www.sharescene.com/html/emoticons/smile.gif Link to comment Share on other sites More sharing options...
henrietta Posted January 23, 2009 Share Posted January 23, 2009 re FTF on the monthly the XAO is going back to 2700, 1500 odd points to fall. Looking quite likely. Cheers J Link to comment Share on other sites More sharing options...
billybongo Posted September 6, 2009 Share Posted September 6, 2009 the smell of a stock market crash or correction is in the air read on hello everyone.. late afternoon market cast.. for USA monday give signals of WARNING ASX 100 seems to reach a top speculative market running hot a present.. usually signalling a correction pending.. everyone trying to raise capital?? WARNINGWARNINGWARNINGWARNINGWARNINGWARNING we did have a FANTASTIC recovery WARNINGWARNINGWARNINGWARNING this cycle is reaching a top WARNINGWARNINGWARNINGWARNINGWARNING maybe a crash very soon WARNINGWARNINGWARNINGWARNINGWARNINGWARNING what goes up quick comes down fast WARNINGWARNINGWARNINGWARNINGWARNINGWARNINGWARNING maximum lengt to this cycle 2010 hello everyone.. late afternoon market cast.. for USA monday give signals of WARNING ASX 100 seems to reach a top speculative market running hot a present.. usually signalling a correction pending.. everyone trying to raise capital?? WARNINGWARNINGWARNINGWARNINGWARNINGWARNING we did have a FANTASTIC recovery WARNINGWARNINGWARNINGWARNING this cycle is reaching a top WARNINGWARNINGWARNINGWARNINGWARNING maybe a crash very soon WARNINGWARNINGWARNINGWARNINGWARNINGWARNING what goes up quick comes down fast WARNINGWARNINGWARNINGWARNINGWARNINGWARNINGWARNING maximum lengt to this cycle 2010 hello everyone.. late afternoon market cast.. for USA monday give signals of WARNING ASX 100 seems to reach a top speculative market running hot a present.. usually signalling a correction pending.. everyone trying to raise capital?? WARNINGWARNINGWARNINGWARNINGWARNINGWARNING we did have a FANTASTIC recovery WARNINGWARNINGWARNINGWARNING this cycle is reaching a top WARNINGWARNINGWARNINGWARNINGWARNING maybe a crash very soon WARNINGWARNINGWARNINGWARNINGWARNINGWARNING what goes up quick comes down fast WARNINGWARNINGWARNINGWARNINGWARNINGWARNINGWARNING maximum lengt to this cycle 2010 Â Â Link to comment Share on other sites More sharing options...
surfer Posted September 6, 2009 Share Posted September 6, 2009 Someone has been watching too much Doctor Who and the Daleks Link to comment Share on other sites More sharing options...
jacsar Posted September 6, 2009 Share Posted September 6, 2009 perhaps a few too many bevvies were had in the sun this arvo and might require a name change to bonkers...never mind time will tell...still laughing, albeit quietly....jacsar Link to comment Share on other sites More sharing options...
wren Posted December 7, 2009 Share Posted December 7, 2009 Gold in AUD has an inverse relationship (so it seems--you decide) with XAO. The middle chart shows the relative strenghth of Gold V XAO,with the 'crossovers' marked.A new crossover seems a possibility--the XAO could be set for a correction.Strong Gold = weak Stock market, that is the idea. Click on Chart for a full page image (if anyone is interested !) Link to comment Share on other sites More sharing options...
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