golden
Junior Member
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Post by golden on Jun 17, 2011 19:21:51 GMT 10
Might as well carry on painting I guess. Guppy's Multiple Moving Averages. g Attachments:
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Post by countrylad on Jun 18, 2011 12:23:10 GMT 10
Might as well carry on painting I guess. You may have time to do the whole house a few times. So far, my system has seen the demise of 3 canaries this run. Cheers CL Attachments:
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golden
Junior Member
Posts: 399
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Post by golden on Jun 18, 2011 14:46:41 GMT 10
Canaries, CL  I've heard of them down a mine, but not on a chart. g |
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Post by cyclops on Jun 18, 2011 18:18:55 GMT 10
Turn to the short side  |
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golden
Junior Member
Posts: 399
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Post by golden on Jun 20, 2011 19:40:54 GMT 10
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Post by countrylad on Jul 8, 2011 21:27:17 GMT 10
My system has now turned to long and this coincides with what I perceive to be more positive news in general and a more positive reaction to market news. If the signal is correct, I doubt that it will be the tide rising all ships as there are two different economies at the moment so it will be remain a stock picker market. Talking to friends in Cairns, the tourist and building industries are a disaster in most of Qld and a colleague who has a number of tourist facilities around the country made the comment that he actually had a tourist arrive today. I think he was only partly joking. Cheers CL PS Oops, should read the posts first, I now see f has said something similar in TWA. Attachments:
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golden
Junior Member
Posts: 399
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Post by golden on Jul 10, 2011 16:27:48 GMT 10
You could have something there CL. Guppy's MMAs are on the rise with the OBV particularly vigorous. g Attachments:
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Post by countrylad on Jul 15, 2011 2:01:17 GMT 10
Canaries, CL I've heard of them down a mine, but not on a chart. That didn't last long, the canary died, probably by the hand of the carbon tax and a few Europeans. My system has changed to a short signal. Cheers CL |
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golden
Junior Member
Posts: 399
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Post by golden on Jul 15, 2011 8:09:31 GMT 10
Bloody Bi-Polar canaries ;D
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Post by fastoy on Jul 15, 2011 9:22:54 GMT 10
I'm actually having some fun in this market. I'm nowhere near any of the big industrials, banks, utilities, or retailers.
What I detect is that locals here are full of doom and gloom at all the tax hype and outrage, while the more detached multinationlas know that it will all soon come to a head, - in their favour.
With good government, there are bargains everywhere, but the trick is in timing the demise of the current mess in Canberra. It can't be long now.
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golden
Junior Member
Posts: 399
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Post by golden on Aug 3, 2011 19:46:00 GMT 10
That chart is enough to give you the shivers...........so I won't post it ;D
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ach
New Member
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Post by ach on Jan 9, 2012 13:23:35 GMT 10
Anybody bullish yet? Attached is the weekly XAO. The weekly SIROC is rising. ach Attachments:
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Post by cyclops on Jan 9, 2012 20:45:21 GMT 10
The issues in Europe aren't going to go away any time soon. After the US reporting season everything gets refocused right back on Europe (if not sooner). And even though small steps are being made, I have not seen anyone explain any possible solution. There is just too much debt .... Greece, Ireland and Portugal are already done, Italy and Spain will come in time, and even France is on the verge of entering the red zone. If anyone dare tell the workers of Southern Europe, we need to cut your pay in half and take away your pension plan, as well as a lot of other social benefits .... the riots will be huge. It will happen one way or the other, but it’s the difference between someone telling you to jump of a cliff and someone throwing you off a cliff. Everybody wants it solved, but nobody will make the hard choices ... nobody will voluntarily jump. And after all of the turmoil that is certain to come out of Europe, there lies Japan waiting to be the next domino to fall .... over 200% government debt as a percentage of GDP  ? So to answer your question, MY most optimistic view is that the market will be sideways to down for the next couple of years. My pessimistic/rational view is that the markets around the world are headed for a large fall .... but the powers that be seem to be able to pull rabbits out of hats just when they are needed so I stay invested but hold a lot of short positions, mainly in companies that appear to have overheated books. The money I made last year came mostly from shorts. The longs mostly just yo-yo'ed. |
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ach
New Member
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Post by ach on Jan 10, 2012 12:35:30 GMT 10
You are right about the mess in Europe. But everybody is so bearish right now. I also noticed that the Chinese are loosening up. That may increase demand for commodities. My pessimistic/rational view is that the markets around the world are headed for a large fall Totally agree with you on that one. The question is when? ach |
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golden
Junior Member
Posts: 399
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Post by golden on Jan 12, 2012 9:50:12 GMT 10
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I've heard of them down a mine, but not on a chart.
