• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

XAO Banter Thread

Discussion in 'ASX Stock Chat' started by clayton4115, Oct 2, 2009.

  1. qldfrog

    qldfrog

    Posts:
    4,668
    Likes Received:
    3,320
    Joined:
    Jun 8, 2008
    I can not recall anything like today but maybe was not focussed enough at the time
     
  2. InsvestoBoy

    InsvestoBoy

    Posts:
    612
    Likes Received:
    742
    Joined:
    Sep 6, 2016
    XJO did -8.98% during Sep '08 ...still nothing compared to '87...
     
    qldfrog and greggles like this.
  3. PZ99

    PZ99 ( ͡° ͜ʖ ͡°)

    Posts:
    2,472
    Likes Received:
    1,211
    Joined:
    May 13, 2015
    10/10/08 -8.34%
    9/3/20 -7.33% today
    22/1/08 -7.05%
    16/10/08 -6.66%
    13/11/08 -5.86%
    17/4/00 -5.40%
    8/10/08 -4.99%
    17/9/01 -4.69%
    23/10/08 -4.37%
    6/11/08 -4.31%
     
    Smurf1976, qldfrog and greggles like this.
  4. BlindSquirrel

    BlindSquirrel

    Posts:
    188
    Likes Received:
    130
    Joined:
    Mar 31, 2017
    Oof!
    upload_2020-3-9_16-59-42.png
    (You can see where I've been bag-holding! Luckily this is only my play-money account)
     
  5. greggles

    greggles I'll be back!

    Posts:
    2,557
    Likes Received:
    1,469
    Joined:
    Jul 28, 2004
    20 October 1987 was supposed to be a 515.5 point (25%) fall.
     
    qldfrog likes this.
  6. PZ99

    PZ99 ( ͡° ͜ʖ ͡°)

    Posts:
    2,472
    Likes Received:
    1,211
    Joined:
    May 13, 2015
    qldfrog likes this.
  7. InsvestoBoy

    InsvestoBoy

    Posts:
    612
    Likes Received:
    742
    Joined:
    Sep 6, 2016
    Here is some banter.

    Todays 11% low->high move constitutes an inside bar (given, the 24h session is not yet closed).

    An 11% move, still didn't touch the edges of yesterday.

    o_Oo_Oo_O

    upload_2020-3-10_21-34-35.png
     
    qldfrog likes this.
  8. BlindSquirrel

    BlindSquirrel

    Posts:
    188
    Likes Received:
    130
    Joined:
    Mar 31, 2017
    If anyone's after a silver lining: If a stock has dropped 5% for each of two days in a row, the dollar difference isn't as high as yesterday!
     
    herzy and qldfrog like this.
  9. wayneL

    wayneL Rotaredom

    Posts:
    18,026
    Likes Received:
    1,737
    Joined:
    Jul 9, 2004
    That was after a truly monumental run up and non digital markets.

    I think this route is a bit more worrying for the long-term.
     
  10. wayneL

    wayneL Rotaredom

    Posts:
    18,026
    Likes Received:
    1,737
    Joined:
    Jul 9, 2004
    At 1500 it will be even less :p
     
    qldfrog likes this.
  11. peter2

    peter2

    Posts:
    3,751
    Likes Received:
    6,312
    Joined:
    Jan 12, 2008
    Friday the 13th: Lucky for some.
    Is lil ol' Australia doing the heavy lifting?

    1303a.PNG
     
  12. InsvestoBoy

    InsvestoBoy

    Posts:
    612
    Likes Received:
    742
    Joined:
    Sep 6, 2016
    I think it's lil ol' AUD that's doing the heavy lifting! 0.62c to the USD, that is a massive shock absorber for our economy.
     
    qldfrog likes this.
  13. rederob

    rederob

    Posts:
    4,245
    Likes Received:
    1,538
    Joined:
    Jan 29, 2006
    I have not checked thoroughly but today may have been the largest intraday movement for a very long time at 650 points, and I think we are hard pressed to find a 32% range within 3 weeks of trading.
     
  14. hja

    hja

    Posts:
    172
    Likes Received:
    70
    Joined:
    Aug 16, 2011
    It looks like trading will stay inside this range for at least the next few days, given all the buying we saw in it, until we see a big move down or up away from it.
     
    barney likes this.
  15. BlindSquirrel

    BlindSquirrel

    Posts:
    188
    Likes Received:
    130
    Joined:
    Mar 31, 2017
    I've got a small holding in QCOM that is down $80 USD but up $40 AUD :confused:
    upload_2020-3-16_9-11-29.png
     
  16. qldfrog

    qldfrog

    Posts:
    4,668
    Likes Received:
    3,320
    Joined:
    Jun 8, 2008
    Not sure little Aussie will be able to help much today after the 12pc fall in the USA..
     
  17. InsvestoBoy

    InsvestoBoy

    Posts:
    612
    Likes Received:
    742
    Joined:
    Sep 6, 2016
    Look at the S&P 500 VIX: 82
    Look at S&P ASX 200 VIX: 42
     
    qldfrog and gartley like this.
  18. Logique

    Logique Investor

    Posts:
    4,290
    Likes Received:
    761
    Joined:
    Apr 18, 2007
    XAO now hugely tech oversold on ridiculously inflated volatility. And hitting a zone of previous resistance/new support at 4900-5000. So it either holds here, or runs down to next support 4000 (which would be a long way from here).

    No wonder there's green ink this morning. It's starting to look interesting.
     
    gartley likes this.
  19. dyna

    dyna

    Posts:
    27
    Likes Received:
    23
    Joined:
    Mar 28, 2013
    Be interested to see what the serious money is doing,just after 4 pm this arvo,when the talkers and gawkers have packed it in for the day.My buy orders are not gonna make it......come back,big,bad virus.
     
  20. kid hustlr

    kid hustlr

    Posts:
    1,926
    Likes Received:
    475
    Joined:
    Jun 9, 2011
    I'm interested in @InsvestoBoy thoughts on the gold miners (miners in general) getting bought up today?

    Is the longer them theory cyclical stocks are the play if we get inflation?
     
    fiftyeight likes this.
Loading...

Share This Page