S&P/ASX 200

[arty]

Hi V1,

According to news reports, the offending QBE trades have been reversed - I believe everything sub-$15.

A much bigger problem is the flow-on effect, where some trader, or even a bot program, may have initiated a trade because of the sudden plunge of XXJ, XFJ, XJO, All Ords, ... The logistics of identifying those cases make a just remedy totally impracticable.

 

Friends who have followed my rants in this and various other discussion groups over the years, will know that I've always been an advocate against automated orders. Numerous cases are documented, where access to STP computers enabled unscrupulous people to embark on "stop raids" that trigger an automatic avalanche in a matter of seconds; they then sit at the bottom of the pile, picking up heaps of cheap stock. Automated alerts are very useful instruments, but only a vigilant human operator can detect those bluffs, and refuse to panic. That's part of the reason why my usual entry/exit rules stipulate "on Close below" or "on Close above".

[datum]

thanx for the info, arty, kennowaylass ,i wiil look them up

datum

[batikit]

Hi, Todays the market closed up 30pt ,and the turnover volume is $A 8,662,531,348.00

 

Can anyone tell why the volume is gone up that much? Since the crisis began the daily volume was around 3b - 4b .....what factors are behind it??

 

Since the market is up , I guess there are funds buying activity going on?

[early birds]

index option expiry at opening bell this morning, if you care to have a look at intra-day volume, you should be able to see most of the volume done at first 20minutes.

 

ok, that's last spoon of soup for you for today.

[arty]

Hi batikit,

 

This happens every three months on Index Option Expiry Thursday.

As the Index discussion was livelier at the time, I posted a series of basic (and some not so basic) explanations in that thread.

 

You may need to page back and follow the relevant posts from about the 10th of March in

http://www.sharescene.com/index.php?showtopic=9879

[batikit]

Thanks EB and Arty for the info , that is very education ;-)

[zac]

IS THIS A WORRY AS IT MAY IMPACT ON THE WESTERN WORLD SHOULD IRAN CHOOSE TO BLINKER THE INSPECTORS?

 

cnnad_createAd("570099","http://ads.cnn.com/html.ng/site=cnn&cnn_pagetype=article&cnn_position=728x90_top&cnn_rollup=world&page.allowcompete=yes&params.styles=fs","90","728");cnnad_registerSpace(570099,728,90);

<H1 _extended="true">Report: Iran has 'updated nuclear package'; ready to hold talks</H1>

• <LI class=cnnHiliteHeader _extended="true">Story Highlights <LI _extended="true">Press TV: Iran will offer new nuclear package during meeting on Wednesday

<LI _extended="true">Five veto-wielding members of U.N. Security Council, Germany to meet

<LI _extended="true">Last week German Chancellor Merkel warned Iran time was running out

Germany has played a leading role in trying to break the diplomatic impassedocument.write(cnnRenderTimeStamp(1251811297532,['September 1, 2009 -- Updated 1321 GMT (2121 HKT)','updated 9:21 a.m. EDT, Tue September 1, 2009']));updated 2 hours, 47 minutes ago

• Next Article in World ÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚»

[/color]http://i.cdn.turner.com/cnn/.element/img/2.0/mosaic/base_skins/baseplate/corner_dg_BL.gifhttp://i.cdn.turner.com/cnn/.element/img/2.0/mosaic/base_skins/baseplate/corner_dg_TL.gifvar clickExpire = "-1";http://i.cdn.turner.com/cnn/.element/img/2.0/global/story_tools/text_size.gif http://i.cdn.turner.com/cnn/.element/img/2.0/global/story_tools/txt_minus.gifhttp://i.cdn.turner.com/cnn/.element/img/2.0/global/story_tools/txt_minus_dn_.gifhttp://i.cdn.turner.com/cnn/.element/img/2.0/global/story_tools/txt_plus.gifhttp://i.cdn.turner.com/cnn/.element/img/2.0/global/story_tools/txt_plus_dn.gifTEHRAN, Iran (CNN) -- Iran has "prepared an updated nuclear package" and is ready to hold talks with world powers, the country's state-run Press TV reported Tuesday.

 

http://i2.cdn.turner.com/cnn/2009/WORLD/europe/09/01/iran.nuclear.talks/art.merkel.netanyahu.afp.gi.jpg German Chancellor Angela Merkel warned Iran last week it had limited time to respond to nuclear concerns.

 

http://i.cdn.turner.com/cnn/.element/img/2.0/mosaic/base_skins/baseplate/corner_wire_BL.gif Iran will offer the new package to the five veto-wielding members of the U.N. Security Council and Germany, Press TV reported.

 

The six countries will meet Wednesday in Frankfurt, Germany to discuss Iran's nuclear program, the network said.

 

The network did not say what the new package entailed.

 

The news comes days after Germany warned Iran that it has a limited time to return to international talks on its nuclear program before it faces stiffer sanctions.

 

German Chancellor Angela Merkel said she hoped to have a "positive answer" from Iran soon, or else stronger measures would have to be discussed.

 

Germany has played a leading role in trying to break the diplomatic impasse over Iran's nuclear program, which Tehran says is aimed at generating civilian power but Western nations suspect is to develop nuclear weapons.

 

The U.N. Security Council has asked Iran to halt its uranium enrichment program, and the International Atomic Energy Agency -- which is the U.N. nuclear watchdog -- has asked Iran to clear up questions about the nature of its work

 

 

[kennowaylass]

Australian unemployment 5.7% just announced. Fabulous news.

[Tylergold]

is their a programs that searches through the ASX where you can find companies that match your queries

 

e.g.

 

Company that has a P/E ratio of < 5

 

Company A P/E 3 (comes up / is a result)

[wolverine]

There are certainly some subscription based services like Aegis (shareanalysis.com.au) that allow you to filter these sorts of things.