Monday Morning Madness in Oz......... - Page 2

vesta · 10-27-2008, 03:58 AM

WTF????

So we're now awaiting a joint statement to be released???

V.

vesta · 10-27-2008, 04:05 AM

UPDATE 1-Oil falls below $64, economy outweighs OPEC cut
http://money.ninemsn.com.au/article....<br /> <br />

vesta · 10-27-2008, 04:23 AM

Yen surge is excessive: Japanese MP
http://news.ninemsn.com.au/article.aspx?id=655720
Japan announces plan to support market
http://money.ninemsn.com.au/article.aspx?id=655731
China's economic growth to be hit
http://news.ninemsn.com.au/article.aspx?id=655734

Any other news from countries that should now be open and trading????

V.

Rocky_Shorz · 10-27-2008, 04:24 AM

where is my mini violin for the oil companies...

They sucked us dry when they had no reason tipping the economy, you won't see any tears from my eyes for the greedy lil .

vesta · 10-27-2008, 04:42 AM

Australia c.bank intervenes to buoy ailing Aussie
http://money.ninemsn.com.au/article.aspx?id=655564

waiting for the Euro and UK Markets folks.........

V.

Rocky_Shorz · 10-27-2008, 05:15 AM

a brutal couple of days for India, down 1700 to 8200 and they just opened...

uh oh, the sake wore off, Japan is down 500 and sinking fast

vesta · 10-27-2008, 05:41 AM

resume the sake intake post haste!!!

Perhaps the rest of the day will be all light & fluffy???

V.

vesta · 10-27-2008, 05:52 AM

Australia shares fall 1.6 pct on recession gloom
27/10/2008 4:16:35 PM

MELBOURNE, Oct 27 (Reuters) - Australian shares fell 1.6 percent on Monday, extending their losing run to a fourth session, with investors still dogged by fears the global economy is heading into recession.

The benchmark S&P/ASX 200 index (.AXJO

S&P/ASX 20027 October,200827/10/2008 16:45 Sydney, Australia.
Value Change % Change
3809.2 -60.2 -1.6%

Australian indices
International indices
.AXJO , 3809.2, -60.2, -1.6%) was lost 60.2 points to close unofficially at 3,809.2, its lowest close in four years, following a 2.6 percent slide on Friday. ($1=A$1.62) (Reporting by Sonali Paul)
V.

vesta · 10-27-2008, 07:45 AM

Nikkei slumps to 26yr low
http://www.bigpond.com/news/breaking...27/2402653.asp

Australian share market hits new low as financials slump
http://www.news.com.au/business/stor...-31037,00.html

Now over to others who will be seeing the opening of the mkts in Europe, the UK and the America's over the next few hrs.

Blessings to all,

Vesta.

Rexie · 10-27-2008, 08:08 AM

HANG SENG INDEX : -/- 15 % !! at this time of writing !

This index lost almost 1.900 points..

Sorry, already more than 1.900 points down...now...9:06 GMT+1

When they close, Europe will open.
Hang on today for a tough ride.

I expect statements today from world leaders, if not, it will almost certainly end in a freefall today... that's what it looks like now..

mysticphoebos · 10-27-2008, 08:58 AM

Quote:

Originally Posted by jonah70757

Stay liquid stay safe until New monetary system is worked out!

New monetary system?

Snap out of your hypnotized comatose 'look the other way' state.

Sorry my friend this so called crash is all planned, one must ask when they pull the next stunt on the new monetary system crash what are you going to say?

"Oh just wait till they get the RFID chip worked out I will take one on my forehead thanks?"

Lets be positive about this, they are wrecking this sick system to bring in a sicker one, but it is an opening to cut them off at the pass, collective thoughts! take control of your own life and eliminate governments and the pathetic Illuminati curtain show forever, freedom is ours we are powerful beings just DO IT.

IRKCOD · 10-27-2008, 09:08 AM

In response to earlier question thread.

Monday 27th is a statutory holiday, Labour Day, in New Zealand. Markets and Banks closed for the day

Pomguymguy · 10-27-2008, 09:41 AM

So Sorry I got it wrong - I thought this 'MONEY THING' was just an illusion ?

blastawaycas · 10-27-2008, 09:56 AM

IMF..$16.5BN DOLLAR LOAN TO UKRAIN....UK SHARES LOWEST FOR 5 YEARS...G7 FRETTING OVER SURGING YEN HSBC -- SANTANDER SHARES WOBBLING...THE CARDS ARE SLOWLY STARTING TO CRUMBLE AND WORLDWIDE IT IS UNSTOPPABLE PERPETUAL FINANCIAL COLLAPSE......ALL LEADING TO AS SOMEONE MENTIONED EARLIER IN THIS THREAD A NEW WORLD MONETARY SYSTEM....AND WHEN THE CIVIL UNREST STARTS ...... FIRE UP A LITTLE WW3

love and gratitude · 10-27-2008, 10:15 AM

just remember your spirit within and do not buy into the fear.

Swanny · 10-27-2008, 10:30 AM

I've been watch bloomberg

bloke on there mentioned the NWO

Rocky_Shorz · 10-27-2008, 01:42 PM

Kramer from Mad money said 82 was as low as the Dow would go, each time it hits there a new rally begins...

vesta · 10-27-2008, 08:22 PM

Wall Street opens lower amid global selloff
http://www.bigpond.com/news/breaking...28/2402840.asp

GLOBAL MARKETS-No respite in equities rout after G7 comments
http://money.ninemsn.com.au/article.aspx?id=655911

Oil price dives briefly below $US60
http://money.ninemsn.com.au/article.aspx?id=656077

I guess we'll have to wait and see how low things get today folks.

Blessings,

Vesta.

mmerlinn · 10-28-2008, 12:07 AM

http://finance.yahoo.com/q/bc?s=%5Ea...&q=l&c=%5EGSPC

http://finance.yahoo.com/q/bc?s=%5EA...&q=l&c=%5EGSPC

http://finance.yahoo.com/q/bc?s=%5EA...5Enz50,%5EGSPC

http://finance.yahoo.com/intlindices?e=asia

Knightbk · 10-28-2008, 07:19 AM

Personally, I think we will see the DOW bottom out in the high 5000's or low 6000's but unless something "bad" happens, it wont happen via a Panic Sell.

The recession and all the fear that goes with it will blead it out over the next 4-8 weeks and then the next few Quarters after that will probably keep it in the 7000-8000 range.

I doubt we will see another Bull Market for 2 or 3 years but it depends really.

I still think people who predict we will be "starving" are borderline retarded and will hold to that for a long time.

Humble Janitor · 10-28-2008, 12:52 PM

Quote:

Originally Posted by Rocky_Shorz

where is my mini violin for the oil companies...

They sucked us dry when they had no reason tipping the economy, you won't see any tears from my eyes for the greedy lil .

Even if gas gets cheaper, I won't be driving more. I expect it to rise again after the election and it ALWAYS goes down before an election, depending on which party is in power and it's a tool to try and convince people to support that party's candidate or continue on their ignorant ways.

Knightbk · 10-28-2008, 08:16 PM

Todays 900 point rally didn't change my above opinion.

However, I want to note this:

NOBODY knows what will happen, not even analysts. They have been wrong throughout history.

Rocky_Shorz · 10-28-2008, 09:34 PM

Quote:

Originally Posted by Rocky_Shorz

Kramer from Mad money said 82 was as low as the Dow would go, each time it hits there a new rally begins...

See, they let it fall to 8200, then everyone buys in to turn it into a rally...

I've been playing with an online trading system, if I had the 700B to start with, my portfolio would have brought it up to 5.8T, and I don't have a clue what I'm doing...

1 month and the national debt is cut in half...

are you telling me that people that know what they are doing can't be pulling off the same?

Tomorrow morning after the market hits the Midday peak, I'll switch back to Shorts to ride it back down... These huge point spreads are awesome for traders...

Rocky_Shorz · 10-29-2008, 02:58 PM

I just flipped everything to shorts...

The rise is over for this round

The shorts I picked will be affected by the drop in Dollar value...

VW is down 400 points today 50% drop...

everyone shorted...

++++++++++++++++++++++++++++++++++++++++++

I wrote a Macro to buy and sell depending on indicators...

IT flipped back to long 120 points ago... I'm up 7% for the day

remember I'm just playing a game, just because I'm psychic and lucky doesn't mean I know anything about trading...

This last swing was thanks to a computer...

$6.3T

++++++++++++++++++++

Shorted the ride back down, ended the day at $6.8T

a Trillion dollar day...

vesta · 10-29-2008, 08:27 PM

Morning all,

here's another few pieces to start today:

US Fed slashes rate to 1 pc
http://www.bigpond.com/news/breaking...30/2405112.asp

Aussie shares rally after Wall Street bounce
http://money.ninemsn.com.au/article.aspx?id=656797

Australia to help managed funds qualify for deposit guarantees
http://money.ninemsn.com.au/article.aspx?id=656597

Banks were leaking money before freeze
http://www.news.com.au/business/stor...76-462,00.html

Credit crisis impact 'in emissions scheme'
http://www.news.com.au/business/stor...-31037,00.html

Blessings,

Vesta.

10-27-2008, 03:58 AM	#26
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... WTF???? So we're now awaiting a joint statement to be released??? V.

10-27-2008, 04:05 AM	#27
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... UPDATE 1-Oil falls below $64, economy outweighs OPEC cut http://money.ninemsn.com.au/article....<br /> <br /> Last edited by vesta; 10-27-2008 at 04:20 AM. Reason: additional news link

10-27-2008, 04:23 AM	#28
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... Yen surge is excessive: Japanese MP http://news.ninemsn.com.au/article.aspx?id=655720 Japan announces plan to support market http://money.ninemsn.com.au/article.aspx?id=655731 China's economic growth to be hit http://news.ninemsn.com.au/article.aspx?id=655734 Any other news from countries that should now be open and trading???? V.

10-27-2008, 04:24 AM	#29
Rocky_Shorz Avalon Senior Member Join Date: Sep 2008 Location: USA Posts: 1,098	Re: Monday Morning Madness in Oz......... where is my mini violin for the oil companies... They sucked us dry when they had no reason tipping the economy, you won't see any tears from my eyes for the greedy lil .

10-27-2008, 04:42 AM	#30
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... Australia c.bank intervenes to buoy ailing Aussie http://money.ninemsn.com.au/article.aspx?id=655564 waiting for the Euro and UK Markets folks......... V.

10-27-2008, 05:15 AM	#31
Rocky_Shorz Avalon Senior Member Join Date: Sep 2008 Location: USA Posts: 1,098	Re: Monday Morning Madness in Oz......... a brutal couple of days for India, down 1700 to 8200 and they just opened... uh oh, the sake wore off, Japan is down 500 and sinking fast Last edited by Rocky_Shorz; 10-27-2008 at 05:18 AM.

10-27-2008, 05:41 AM	#32
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... resume the sake intake post haste!!! Perhaps the rest of the day will be all light & fluffy??? V.

10-27-2008, 05:52 AM	#33
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... Australia shares fall 1.6 pct on recession gloom 27/10/2008 4:16:35 PM MELBOURNE, Oct 27 (Reuters) - Australian shares fell 1.6 percent on Monday, extending their losing run to a fourth session, with investors still dogged by fears the global economy is heading into recession. The benchmark S&P/ASX 200 index (.AXJO S&P/ASX 20027 October,200827/10/2008 16:45 Sydney, Australia. Value Change % Change 3809.2 -60.2 -1.6% Australian indices International indices .AXJO , 3809.2, -60.2, -1.6%) was lost 60.2 points to close unofficially at 3,809.2, its lowest close in four years, following a 2.6 percent slide on Friday. ($1=A$1.62) (Reporting by Sonali Paul) V.

10-27-2008, 07:45 AM	#34
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... now waiting for opening of the other mkts! Nikkei slumps to 26yr low http://www.bigpond.com/news/breaking...27/2402653.asp Australian share market hits new low as financials slump http://www.news.com.au/business/stor...-31037,00.html Now over to others who will be seeing the opening of the mkts in Europe, the UK and the America's over the next few hrs. Blessings to all, Vesta.

10-27-2008, 08:08 AM	#35
Rexie Avalon Senior Member Join Date: Sep 2008 Location: Spain Posts: 6	Re: Monday Morning Madness in Oz......... HANG SENG INDEX : -/- 15 % !! at this time of writing ! This index lost almost 1.900 points.. Sorry, already more than 1.900 points down...now...9:06 GMT+1 When they close, Europe will open. Hang on today for a tough ride. I expect statements today from world leaders, if not, it will almost certainly end in a freefall today... that's what it looks like now..

10-27-2008, 09:08 AM	#37
IRKCOD Avalon Senior Member Join Date: Sep 2008 Location: Auckland, New Zealand Posts: 33	Re: Monday Morning Madness in Oz......... In response to earlier question thread. Monday 27th is a statutory holiday, Labour Day, in New Zealand. Markets and Banks closed for the day

10-27-2008, 09:41 AM	#38
Pomguymguy Avalon Senior Member Join Date: Sep 2008 Location: Mooroopna Victoria Posts: 113	Re: Monday Morning Madness in Oz......... So Sorry I got it wrong - I thought this 'MONEY THING' was just an illusion ?

10-27-2008, 09:56 AM	#39
blastawaycas Avalon Senior Member Join Date: Oct 2008 Location: Middlesbrough United Kingdom Posts: 229	Re: Monday Morning Madness in Oz......... IMF..$16.5BN DOLLAR LOAN TO UKRAIN....UK SHARES LOWEST FOR 5 YEARS...G7 FRETTING OVER SURGING YEN HSBC -- SANTANDER SHARES WOBBLING...THE CARDS ARE SLOWLY STARTING TO CRUMBLE AND WORLDWIDE IT IS UNSTOPPABLE PERPETUAL FINANCIAL COLLAPSE......ALL LEADING TO AS SOMEONE MENTIONED EARLIER IN THIS THREAD A NEW WORLD MONETARY SYSTEM....AND WHEN THE CIVIL UNREST STARTS ...... FIRE UP A LITTLE WW3

10-27-2008, 10:15 AM	#40
love and gratitude Avalon Senior Member Join Date: Sep 2008 Location: australia Posts: 26	Re: Monday Morning Madness in Oz......... just remember your spirit within and do not buy into the fear.

10-27-2008, 10:30 AM	#41
Swanny I dont need a label ! Join Date: Sep 2008 Location: The Shire of Wilt Posts: 2,889	Re: Monday Morning Madness in Oz......... I've been watch bloomberg bloke on there mentioned the NWO

10-27-2008, 01:42 PM	#42
Rocky_Shorz Avalon Senior Member Join Date: Sep 2008 Location: USA Posts: 1,098	Re: Monday Morning Madness in Oz......... Kramer from Mad money said 82 was as low as the Dow would go, each time it hits there a new rally begins...

10-27-2008, 08:22 PM	#43
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... Wall Street opens lower amid global selloff http://www.bigpond.com/news/breaking...28/2402840.asp GLOBAL MARKETS-No respite in equities rout after G7 comments http://money.ninemsn.com.au/article.aspx?id=655911 Oil price dives briefly below $US60 http://money.ninemsn.com.au/article.aspx?id=656077 I guess we'll have to wait and see how low things get today folks. Blessings, Vesta.

10-28-2008, 12:07 AM	#44
mmerlinn Avalon Senior Member Join Date: Oct 2008 Posts: 26	Re: Monday Morning Madness in Oz......... http://finance.yahoo.com/q/bc?s=%5Ea...&q=l&c=%5EGSPC http://finance.yahoo.com/q/bc?s=%5EA...&q=l&c=%5EGSPC http://finance.yahoo.com/q/bc?s=%5EA...5Enz50,%5EGSPC http://finance.yahoo.com/intlindices?e=asia Last edited by mmerlinn; 10-28-2008 at 01:45 AM.

10-28-2008, 07:19 AM	#45
Knightbk Avalon Senior Member Join Date: Oct 2008 Posts: 73	Re: Monday Morning Madness in Oz......... Personally, I think we will see the DOW bottom out in the high 5000's or low 6000's but unless something "bad" happens, it wont happen via a Panic Sell. The recession and all the fear that goes with it will blead it out over the next 4-8 weeks and then the next few Quarters after that will probably keep it in the 7000-8000 range. I doubt we will see another Bull Market for 2 or 3 years but it depends really. I still think people who predict we will be "starving" are borderline retarded and will hold to that for a long time.

10-28-2008, 08:16 PM	#47
Knightbk Avalon Senior Member Join Date: Oct 2008 Posts: 73	Re: Monday Morning Madness in Oz......... Todays 900 point rally didn't change my above opinion. However, I want to note this: NOBODY knows what will happen, not even analysts. They have been wrong throughout history.

10-29-2008, 02:58 PM	#49
Rocky_Shorz Avalon Senior Member Join Date: Sep 2008 Location: USA Posts: 1,098	Re: Monday Morning Madness in Oz......... I just flipped everything to shorts... The rise is over for this round The shorts I picked will be affected by the drop in Dollar value... VW is down 400 points today 50% drop... everyone shorted... ++++++++++++++++++++++++++++++++++++++++++ I wrote a Macro to buy and sell depending on indicators... IT flipped back to long 120 points ago... I'm up 7% for the day remember I'm just playing a game, just because I'm psychic and lucky doesn't mean I know anything about trading... This last swing was thanks to a computer... $6.3T ++++++++++++++++++++ Shorted the ride back down, ended the day at $6.8T a Trillion dollar day... Last edited by Rocky_Shorz; 10-29-2008 at 10:16 PM.

10-29-2008, 08:27 PM	#50
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... Morning all, here's another few pieces to start today: US Fed slashes rate to 1 pc http://www.bigpond.com/news/breaking...30/2405112.asp Aussie shares rally after Wall Street bounce http://money.ninemsn.com.au/article.aspx?id=656797 Australia to help managed funds qualify for deposit guarantees http://money.ninemsn.com.au/article.aspx?id=656597 Banks were leaking money before freeze http://www.news.com.au/business/stor...76-462,00.html Credit crisis impact 'in emissions scheme' http://www.news.com.au/business/stor...-31037,00.html Blessings, Vesta.