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Another Sea of Red for Aussie Markets; Australian shares took another big hit as blue chips plunge
Topic Started: 1 Sep 2015, 07:13 PM (13,773 Views)
The Whole Truth
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If they have qe4. Some day they will just pull the pin, like in "rollover" like in 1933.
Then in 40 years time they will talking about the incredible mistake made by the fed in the new century.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Rastus2
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Matthew
30 Sep 2015, 01:09 PM
CBA, ANZ, CSL, TFC, TLS, SCG and SGH are all significantly higher today than my holding cost, 4 of them by over 300%. CSL are up by a multiplier of 10x on my buy price.

That is some of them.

Well done.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Trollie
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The Whole Truth
5 Oct 2015, 04:01 PM
opted out of the daily grind to live on the various welfare schemes.
This is you right, living on a disability pension.

We all recall that was your big plan.
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doubleview
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createdby
5 Oct 2015, 04:50 PM
I'm sensing this could be the dip buy before QE4.

I reckon so.....Plenty of solid buys around lately for mine, some good companies fully grossed up divs of 7 - 10+ %. Low P/E's etc.

The last time the all ordinaries tracked down to the 1974/GFC all ordinaries positive trendline (4000ish) back in 2011 we all seen the cash rate get halved.

After all those cash rate cuts, the trendline has moved up just above the 4500 level. We havent got close/right on that breach line yet (2015).

I still dont think they will let this level breach, If it gets close again I reckon we are going to see rate cuts, and possibly some sort of stimulus/tax reform.

Pretty simple at the moment, buy on this dip, and get the stop losses ready if the 1974/GFC levels breach.

Another thing is, all other key leading indicators point to all this being a storm in a tea cup!!



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Poontang
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createdby
5 Oct 2015, 04:50 PM

Gold stocks did nicely though
My gold stocks had rises varying from 1% to 16% gains today.

Today was a good day.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Matthew
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Rastus2
5 Oct 2015, 06:44 PM

Well done.
Thank you. I got incredibly lucky by buying them with the intention of not selling them!
Edited by Matthew, 5 Oct 2015, 09:06 PM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Sydneyite
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Just thought I'd post some interesting stats re the U.S. stock market from PastStats.com:

Quote:
 
Summary;
Years 1950-2015, 65 years
How many 5% corrections from All Time Highs-61, happens all the time.
How many 10% corrections from All Time Highs-20 + 1 the ongoing one, standard.
How many 20% corrections from All Time Highs-9, they happen.
How many 30% corrections from All Time Highs-5, cleansing.
How many 40% corrections from All Time Highs-2, but yet this is what everyone fears when we are down 10%.
How many 50% corrections from All Time Highs-1. Just 1, don’t believe the fear hype, stay grounded.
its a bit different for our market (ASX), but not much.
For Aussie property bears, "denial", is not just a long river in North Africa.....
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Terry
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Sydneyite
5 Oct 2015, 10:45 PM
Just thought I'd post some interesting stats re the U.S. stock market from PastStats.com:


its a bit different for our market (ASX), but not much.
Well there we go my domiciled one. If you can sense a pattern in aggregates and have some kind of strategy, no doubt you will be dollar cost averaging your way to glory. You can ride your polished unicorn all the way on those weighty mining and banking stocks.
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newjez
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Terry
6 Oct 2015, 02:09 AM
Well there we go my domiciled one. If you can sense a pattern in aggregates and have some kind of strategy, no doubt you will be dollar cost averaging your way to glory. You can ride your polished unicorn all the way on those weighty mining and banking stocks.
Oh no, not another Chinese stimulus package, groan


http://www.theedgemarkets.com/en/article/china-growth-slow-58-next-year-says-nomura-sees-no-hard-landing
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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The Whole Truth
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Quote:
 

How many 50% corrections from All Time Highs-1. Just 1, don’t believe the fear hype, stay grounded.


Stay grounded, like a lightening rod. It's greed that keeps people in markets long after the indicators are flashing red. The capital gains tax!!!

There are some shares worth holding long term, but they are not the bank shares.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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