the stock market

sneaky hands · Post by **sneaky hands** » Fri Sep 14, 2007 3:58 pm

haha, grats
im back where i was just before the correction. its been a wild few months though.

reckon we're in for much more volatility this year?

Post by **huge** » Fri Sep 14, 2007 3:59 pm

bloody hope not!

Post by **huge** » Fri Sep 14, 2007 4:04 pm

i wish i had some spare coin. i would have made up heaps of ground in the last couple of weeks.

Post by **system** » Fri Sep 14, 2007 4:05 pm

Post by **huge** » Fri Sep 14, 2007 4:13 pm

spill the beans S!

:insideteef:

C.I.A. · Post by **C.I.A.** » Fri Sep 14, 2007 5:03 pm

sneaky hands wrote:haha, grats
im back where i was just before the correction. its been a wild few months though.

reckon we're in for much more volatility this year?

That's a hellz yeah as far as I'm concerned.

Australian debt is skyrocketing at rates that are reminiscent of the pre-crash 80s.

Helloooo recession in not-too-distant future; both in the States and also here.

Post by **system** » Fri Sep 14, 2007 5:32 pm

your radar. let me fly under it.

mrj · Post by **mrj** » Sun Sep 16, 2007 5:32 pm

lol, yeah I'm back in the green finally as well. still a bit nervous though lol. ah well its not like I've got my house riding on it. mainly because I don't own a house.

looking forward to some good announcements on Monday though.

someone may or may not be able to answer this one, its for anyone who follows the market forums closely, whats your opinion on t4p? genuine knowledge sharer or very very clever ramper? I'm still undecided, haven't been following his (or her) movements closely enough for long enough to decide.

gnat · Post by **gnat** » Mon Sep 17, 2007 10:26 am

t4p is a lollybanging tranny ramper believe

don't trust him/her

mrj · Post by **mrj** » Mon Sep 17, 2007 10:39 am

lol, smartass gnatty. ROFL at Lollybanger. Thats so catching on. Prob needs to go in the made up words thread eh eh!

gnat · Post by **gnat** » Mon Sep 17, 2007 10:43 am

t4p sounds like a anti retroviral medication

shares haz da aidz

Post by **huge** » Mon Oct 22, 2007 11:16 am

in for a nasty one today

C.I.A. · Post by **C.I.A.** » Mon Oct 22, 2007 11:21 am

huge wrote:in for a nasty one today

Please let the aussie dollar lose some strength against the greenback.

:fingerscrossed:

Andy H · Post by **Andy H** » Tue Oct 23, 2007 12:30 am

huge wrote:in for a nasty one today

ASX down 1.92% today. Not bad considering DOW down 2.64% Friday.
Always amazes me how NY want to do equity and fx trades late Friday
in very illiquid markets.

Credit issues in Europe tonight sees the Euro down 2 cents at 21:30
Aussie tracked the Euro down 1.5 cents, but now rallying nicely with some good support levels at .8800 and .8850.

Thanks

Phyltr · Post by **Phyltr** » Mon Oct 29, 2007 10:58 am

I was thinking about giving this a bash next month, thought a few of of you might be interested too.

Looks like a decent way to have a bit of fun, no risk & support a charity at the same time.

I don't know if this has already been mentioned here previously..

Take the Adam Gilchrist Challenge for arthritis
Aussie sports legend, Adam Gilchrist is challenging the nation to step up to the stock market pitch in support of a serious cause that affects more than 3.4 million Australians - arthritis.

You can enter the Adam Gilchrist Challenge by logging on to http://www.tradingchallenge.com.au/ â€“ registrations close on Wednesday 31 October.

The game starts on Monday 5 November and finishes on Friday 30 November.

Players pay $49.95 to enter, trade $50,000 â€˜virtualâ€™ cash on the Top 300 ASX stocks over four weeks and whoever increases their portfolio the most wins $50,000 cold hard cash. Plus, there is a prize for the person who most closely matches Gilchristâ€™s investment performance.

All money raised from registrations goes towards Arthritis Australia â€“ arthritis affects one in five Australians and proceeds will fund important research into finding a cure.

Visit www.tradingchallenge.com.au to find out more.

mrj · Post by **mrj** » Sun Nov 04, 2007 6:00 pm

damn, I was gonna do that, then forgot about it.

probably just as well, don't need the reality check of how little i know lololol

nhd · Post by **nhd** » Sun Nov 04, 2007 8:08 pm

What are peoples thoughts on this report >>

http://www.theage.com.au/news/national/ ... 05908.html

talks of a Crash coming that hasnt yet been fully realised in American market. Im a little nervous to say the least.

Lizkins · Post by **Lizkins** » Sun Nov 04, 2007 8:44 pm

nhd wrote:What are peoples thoughts on this report >>

http://www.theage.com.au/news/national/ ... 05908.html

talks of a Crash coming that hasnt yet been fully realised in American market. Im a little nervous to say the least.

have heard people mentioning a crash more and more. its inevitable for the economy or some such.

kronz · Post by **kronz** » Sun Nov 04, 2007 10:04 pm

i'm an accountant... i think i know a little about $$$ and stufff

stocks are good if kept well... like a nice clean set of sheets for your bed... mmm... soft AND fresh

sneaky hands · Post by **sneaky hands** » Mon Nov 05, 2007 8:54 am

nhd wrote:What are peoples thoughts on this report >>

http://www.theage.com.au/news/national/ ... 05908.html

talks of a Crash coming that hasnt yet been fully realised in American market. Im a little nervous to say the least.

in my opinion its kind of true, but kind of a beat-up. The Age seems to love these serious stories about how we're all doomed.
a few banks like Merrill Lynch and Citigroup are still suffering from sub prime fallout, and american consumers are the least confident for quite some time, which will impact retailing over there. plus oil is expensive and their dollar is fucked which raises the price of imports for them.
im not in australia but from the outside looking in it seems like the biggest problem at the moment is inflation. Big drops in supply of food pushing prices up, and the stupid house price increases.
The market is ridiculously high compared to this time last year and you might see some pull back, but unless you're a noob and just got into the market recently (unwise to be buying at record index levels in the first place) you wont have all your gains wiped out.
Basically, if you have been playing the market for a year or so and feeling like its all too easy, you might be in for a rude shock. If you have your money responsibly invested, and a decent job, and aren't up to your neck in debt to the point where you cant sustain a couple % increase in interest rates, any economic downturn in the medium term will not impact you too hard.

stovequeen · Post by **stovequeen** » Mon Nov 05, 2007 1:00 pm

it's shitting its self today

Post by **huge** » Thu Nov 22, 2007 3:00 pm

LÃ³s Kasinoâ€” · Thu Nov 22, 2007 10:34 pm

as we all know the aussie dollar is strong against the US atm...

good time to sign up to etrade.com and buy some US stocks.

just purchased some in Pfizer.

same o · Post by **same o** » Fri Nov 23, 2007 12:25 pm

mrj wrote:lol, yeah I'm back in the green finally as well. still a bit nervous though lol. ah well its not like I've got my house riding on it. mainly because I don't own a house.

looking forward to some good announcements on Monday though.

someone may or may not be able to answer this one, its for anyone who follows the market forums closely, whats your opinion on t4p? genuine knowledge sharer or very very clever ramper? I'm still undecided, haven't been following his (or her) movements closely enough for long enough to decide.

i always buy in australian foundation, telstra, csr and bhp.
this is because it dont matter really if there share prices go up or down..
as they are for long term investments and all my divedends go into buying more shares..
if your going for short term gains though i would not have a clue..

Lephrenic · Post by **Lephrenic** » Fri Nov 23, 2007 3:09 pm

C.I.A. wrote:Please let the aussie dollar lose some strength against the greenback.

Oy! Not when I'm buying equipment from overseas, thank you very much.

Post by **huge** » Thu Nov 29, 2007 2:01 pm

fucken stock market lol.

yenks · Post by **yenks** » Thu Nov 29, 2007 2:09 pm

why u say that huge ?

the ALL ORDS is up today.

Post by **huge** » Thu Nov 29, 2007 2:15 pm

ahh just a silly decision by me. huhu.

never fear!

yenks · Post by **yenks** » Thu Nov 29, 2007 2:17 pm

yeah know what you mean.

my latest bad decision was Zinifex, they aint doing to well as of late.

Post by **huge** » Thu Nov 29, 2007 2:20 pm

jeebus they arent are they.

they were once the big thing!

i just screwed up on AKK.

panicked a bit. will see what happens after today.

same o · Post by **same o** » Thu Nov 29, 2007 2:43 pm

my shares in geo dynamics just keep going up..
wish i could have bought more at the time..
heheh bought em before origin energy bought half of em or what ever..
hehehe sneaky tip off

same o · Post by **same o** » Thu Nov 29, 2007 2:47 pm

there website is this
http://www.geodynamics.com.au/IRM/content/home.html

mrj · Post by **mrj** » Sat Dec 01, 2007 12:22 pm

LÃ³s Kasinoâ€” wrote:as we all know the aussie dollar is strong against the US atm...

good time to sign up to etrade.com and buy some US stocks.

just purchased some in Pfizer.

I don't understand this point.

Why would US currency weakness be a reason to invest in US stocks? Surely the US currency weakness is endemic of wider US economy woes.

Aren't you only adding currency risk into the equation (which at the moment is severe with the Fed cutting rates willy nilly).

I can see that repatriating funds and working off the exchange rate is the premise, but wouldn't it work against in this case.

From my perspective equities isn't the best place to be at the moment (lots of uncertainty), and US equities especially.

I must be missing something here, because I don't get it. Someone please explain this to me in terms that my simple brain will understand.

C.I.A. · Post by **C.I.A.** » Sat Dec 01, 2007 12:25 pm

You givum heap big gold.

Them slapslap thum heap heap bigger back to youum.

Spherix · Post by **Spherix** » Mon Dec 03, 2007 9:24 am

did anyone get lonely planet shares before the sell to bbc?

Andy H · Post by **Andy H** » Tue Dec 04, 2007 12:07 am

yenks wrote:yeah know what you mean.

my latest bad decision was Zinifex, they aint doing to well as of late.

True...but a .70c div isn't a bad return for a stock that's only $14.51

Andy H · Post by **Andy H** » Tue Dec 04, 2007 12:28 am

mrj wrote:
LÃ³s Kasinoâ€” wrote:as we all know the aussie dollar is strong against the US atm...

good time to sign up to etrade.com and buy some US stocks.

just purchased some in Pfizer.

I don't understand this point.

Why would US currency weakness be a reason to invest in US stocks? Surely the US currency weakness is endemic of wider US economy woes.

Aren't you only adding currency risk into the equation (which at the moment is severe with the Fed cutting rates willy nilly).

I can see that repatriating funds and working off the exchange rate is the premise, but wouldn't it work against in this case.

From my perspective equities isn't the best place to be at the moment (lots of uncertainty), and US equities especially.

I must be missing something here, because I don't get it. Someone please explain this to me in terms that my simple brain will understand.

Josh is onto something here.
Prob not the best time to invest in Financial's in the US.
Other sectors such as agriculture aren't looking too bad though...especially those supplying "China".
I guess Los Kas could hedge against the fx risk, then the only factor is the fwd rate which is pretty stable(-44 basis points for 3 months atm)
Hedge for 3 months, then in 3 months time re-value the asset....roll the hedge another 3 months...ect.

diode · Post by **diode** » Tue Dec 04, 2007 12:23 pm

Bottom Line if you're not making money in the market this year then the market is not for you. We're killing it this year and bonuses are going to be off the scale for financial institutions...Even though we lost 18 Billion due to large exposure to the American sub prime crisis.

Post by **huge** » Tue Dec 04, 2007 2:19 pm

you got any jobs going at ML ?

diode · Post by **diode** » Tue Dec 04, 2007 3:52 pm

Not after losing 8 Billion in one quarter mate ( Not 18 but still seriously bad)...Plenty of people getting the arse though

nic · Post by **nic** » Mon Dec 17, 2007 11:11 pm

aaarrrrgghhhh 3% crash

kronz · Post by **kronz** » Tue Dec 18, 2007 10:23 am

I had a heads up on the Centro thing but couldn't comment.

Fucking insider trading.

Post by **huge** » Tue Dec 18, 2007 11:33 am

tell me insider info* pls kronz. i wont tell

* - melbournebeats.com does not approve or endorse insider trading.

kronz · Post by **kronz** » Tue Dec 18, 2007 11:41 am

I like not being in jail, its kind of cool

gnat · Post by **gnat** » Tue Dec 18, 2007 11:42 am

lol huge you shark

Polecat · Post by **Polecat** » Tue Dec 18, 2007 11:56 am

Got to wait & see how yesterday and todays stock falls impact on my managed fund

Post by **huge** » Tue Dec 18, 2007 12:12 pm

red red red

Post by **huge** » Fri Jan 18, 2008 1:39 pm

DEAD!

C.I.A. · Post by **C.I.A.** » Fri Jan 18, 2008 1:45 pm

Loving the recession.

Bring it.

Lolz at the US trying to plug up a sinking ship with drowned rats. You guys should probably have done some work during the semester, not just cram the day before an exam. Then you wouldn't be so likely to FAIL.

ADD_Boy · Post by **ADD_Boy** » Fri Jan 18, 2008 2:10 pm

The apocalypse is coming!!