Hi there again,
I don't know that much about the stockmarket but I do follow it and have to say basically nobody knows anything really, unless they have inside (advance) knowledge of what is going to happen.That happens to be against the law of course.
All the analysts do really is tip stocks to you that will have risen by the time you go and look to buy it, which is probably when they sell their stocks in the company they told YOU to buy.
Markets today are basically controlled by computer buying and selling. Where someone programmes into their own buy and sell system at what price they should buy or sell whatever stocks they are interested in or know something about.
The most critical factor to me seems to be "barrier" levels of each market. For instance, the Australian market has a value, total, of about 5400 at this time. That has been a barrier level for quite some time. Up or down.
At the end of today's trading the nvalue is 5292. Having broken the 5400 barrier one would expect either it will continue down or recover to about 5400 before decisions are made about which way the buyers want to go.
Traditionally the Australian market follows the USA Dow-Jones. Last Friday the Dow added just over 200 points, a substantial rise, seemingly. Yet Australia's market went down yet again, by 22 points. Why? Any amount of reasons but let's say confidence of investors and business is not going well and there appears to be no real reason why it would recover in the short term.
We have a government that has just declared war on the terrorists, maybe justified but not a confidence booster as well as ripping money by the billions out of the Budget debit we already have. The current government promised many things and have failed to deliver on any of them legitimately. Did they stop the boats? Apparently but how many are being essentially tortured so they can boast they "Stopped the boats", including children.
Our PM wastes money on enquiries into what Labor did in Office as a political exercise the taxpayer pays for. To me the Liberal Party should pay for that. What have these enquiries found? Corruption in one union we all knew was there anyway which the Police could have dealt with, no enquiry needed. Does that hurt Labor? No it doesn't as they do not associate closely with that union or any really these days. Yes, they are union based but if you think about it, what is the Liberal Party other than a union of politically like minded people who pay dues etc, just like unions. So is the Labor Party and every Party.
Another Abbott enquiry has "discoverd" that the insulation initiative started by Rudd resulted in, sadly, the deaths of 4 young men. And Abbott has now promised to compensate the families. How? They have lost their sons and nothing will change that. But no, he's going to give them money. Taxpayer's money.
The truth of those situations is that the individual employers were and still are at fault for having employed these young men and not training them or providing a safe working environment. Not the taxpayer, again. All governments spend taxpayers money on their own political reputation, vote buying and pork barrelling, with taxpayer funds. We knew of these unfortunate deaths years ago so what has this enquiry found? Nothing other than an opportunity for Abbott to show how "compassionate" he is. If you want to know that just look at what he is doing to the refugees to this country. That's his true compassion level.
So, confidence is unlikely to return to the Australian market while Abbott is throwing money around like a drunken sailor and promising everybody this and that. He can't get his Budget from May, 5 months ago, through Parliament and he's making more and more promises to overseas. He cannot afford it and neither can we, Australia. Lose one of those planes and we may go belly up.
By the time the next Budget is due in May next year this year's will still not have passed so how the hell are they going to recover all that money and create another Budget? They can't and will never create their much vaunted "SURPLUS". They have actually doubled the deficit and nearly tripled it since getting into office and still blame Labor for all of it. How stupid can voters and Abbott really be.
The 200 point gain on Friday in the US was, I am extimating, not the start of an upswing at all, but rather investors buying stocks that have fallen over the last few months. Tonight that may occur again but overall this week the Dow will continue to drop. Just my guess.
Of course there are people who sell "tips" on racehorses and sporting teams. And you may be dumb enough to pay for that. Might as well just burn the money. Try some logic here.
If they have sure fire winners, why are they selling them instead of getting rich on those "sure things". Simple. There are no sure things and flipping a coin would be just as accurate or better. Don't ever pay for tips on ANYTHING as you are being had. No one sells a sure thing as it would ruin the market for THEM.
Follow?
There is one such cretin currently trying to operate on G+ bt I have attacked him, challenged him and he seems to be backing off already. I gave 5 NFL tips, free to all who read here, to challenge him with. 4 wins, 1 loss and he would not declare his results. What does that tell you? Simple. Don't fall for his scam.
I don't know that much about the stockmarket but I do follow it and have to say basically nobody knows anything really, unless they have inside (advance) knowledge of what is going to happen.That happens to be against the law of course.
All the analysts do really is tip stocks to you that will have risen by the time you go and look to buy it, which is probably when they sell their stocks in the company they told YOU to buy.
Markets today are basically controlled by computer buying and selling. Where someone programmes into their own buy and sell system at what price they should buy or sell whatever stocks they are interested in or know something about.
The most critical factor to me seems to be "barrier" levels of each market. For instance, the Australian market has a value, total, of about 5400 at this time. That has been a barrier level for quite some time. Up or down.
At the end of today's trading the nvalue is 5292. Having broken the 5400 barrier one would expect either it will continue down or recover to about 5400 before decisions are made about which way the buyers want to go.
Traditionally the Australian market follows the USA Dow-Jones. Last Friday the Dow added just over 200 points, a substantial rise, seemingly. Yet Australia's market went down yet again, by 22 points. Why? Any amount of reasons but let's say confidence of investors and business is not going well and there appears to be no real reason why it would recover in the short term.
We have a government that has just declared war on the terrorists, maybe justified but not a confidence booster as well as ripping money by the billions out of the Budget debit we already have. The current government promised many things and have failed to deliver on any of them legitimately. Did they stop the boats? Apparently but how many are being essentially tortured so they can boast they "Stopped the boats", including children.
Our PM wastes money on enquiries into what Labor did in Office as a political exercise the taxpayer pays for. To me the Liberal Party should pay for that. What have these enquiries found? Corruption in one union we all knew was there anyway which the Police could have dealt with, no enquiry needed. Does that hurt Labor? No it doesn't as they do not associate closely with that union or any really these days. Yes, they are union based but if you think about it, what is the Liberal Party other than a union of politically like minded people who pay dues etc, just like unions. So is the Labor Party and every Party.
Another Abbott enquiry has "discoverd" that the insulation initiative started by Rudd resulted in, sadly, the deaths of 4 young men. And Abbott has now promised to compensate the families. How? They have lost their sons and nothing will change that. But no, he's going to give them money. Taxpayer's money.
The truth of those situations is that the individual employers were and still are at fault for having employed these young men and not training them or providing a safe working environment. Not the taxpayer, again. All governments spend taxpayers money on their own political reputation, vote buying and pork barrelling, with taxpayer funds. We knew of these unfortunate deaths years ago so what has this enquiry found? Nothing other than an opportunity for Abbott to show how "compassionate" he is. If you want to know that just look at what he is doing to the refugees to this country. That's his true compassion level.
So, confidence is unlikely to return to the Australian market while Abbott is throwing money around like a drunken sailor and promising everybody this and that. He can't get his Budget from May, 5 months ago, through Parliament and he's making more and more promises to overseas. He cannot afford it and neither can we, Australia. Lose one of those planes and we may go belly up.
By the time the next Budget is due in May next year this year's will still not have passed so how the hell are they going to recover all that money and create another Budget? They can't and will never create their much vaunted "SURPLUS". They have actually doubled the deficit and nearly tripled it since getting into office and still blame Labor for all of it. How stupid can voters and Abbott really be.
The 200 point gain on Friday in the US was, I am extimating, not the start of an upswing at all, but rather investors buying stocks that have fallen over the last few months. Tonight that may occur again but overall this week the Dow will continue to drop. Just my guess.
Of course there are people who sell "tips" on racehorses and sporting teams. And you may be dumb enough to pay for that. Might as well just burn the money. Try some logic here.
If they have sure fire winners, why are they selling them instead of getting rich on those "sure things". Simple. There are no sure things and flipping a coin would be just as accurate or better. Don't ever pay for tips on ANYTHING as you are being had. No one sells a sure thing as it would ruin the market for THEM.
Follow?
There is one such cretin currently trying to operate on G+ bt I have attacked him, challenged him and he seems to be backing off already. I gave 5 NFL tips, free to all who read here, to challenge him with. 4 wins, 1 loss and he would not declare his results. What does that tell you? Simple. Don't fall for his scam.
No comments:
Post a Comment