35854 replies to this topic

[Ninja]

Draghi QE is already factored in and it seems everybody already knows how much!!! bulls and bear lines have been drawn.... Tight range for most stocks and indices until dragging speaks... Then couple of hours of indigestion.... Then reality will stare us all in the face. Holding tight!!!

Will QE be too much too soon??? Or too little too late???

Edited by Ninja, 20 January 2015 - 10:16 AM.

[grantmu]

IMO

We are stuck at this point, no one is going to commit. when the US market opens I don't think the general feeling will be good as China is the main trade partner for the US and China is shrinking. In the past the ECB has fallen way short every time they make an announcement, with oil going down I think the ECB will shoot lower than needed.

 

After the announcement of the ECB I think the market will bounce up as it usually does followed by a protracted down. I don't see a bright future yet, EU needs to get it organized and the smaller countries are still very deep in the dwang.

 

In SA we are also not going to forge ahead because of political and infrastructure problems. Also all the big players in the AU are hurting because the price of oil has halved, our market is going to still be punished in my view.

 

The only hope is US and EU pulling us higher but I don't see that happening with the current information.

 

Grant    

[Beorn]

Back to the "bad news is good news" regime... Analysts expecting some form of monetary easing perhaps in the future.

 

Future easing from PBOC is expected by everyone, but nobody knows when.

 

2014's GDP in China is beter than was expected, QOQ GDP was worse, which is a barometer for future growth, so growth is slowing in China, not good.

IMF also cut global growth forecast for 2015, things not looking good for 2015.

ECB will have to come to the rescue, and I think that is what is being priced in, if they disappoint with the amount of QE, markets will tank.

 

This is all just my humble opinion though.

[vuilhond]

My bad..thank MP.

[Motion Picture]

Excuse my ignorance,but why would we go up if forecast was for 7.5 and actual growth was 7.4?

Hey V...see below. Forecast was actually 7.3, not 7.5.

 

Fin24.com

 

Hong Kong - Asia markets mostly rose on Tuesday after China released data showing its economy grew a little faster than expected, while speculation swirls that the European Central Bank will embark on a huge stimulus programme

While the figure is down from 7.7% the previous year and is the weakest since 1990, a year after the Tiananmen Square crackdown, it beat the median forecast of 7.3% in an AFP survey

[AJS]

Excuse my ignorance,but why would we go up if forecast was for 7.5 and actual growth was 7.4?

 

Back to the "bad news is good news" regime... Analysts expecting some form of monetary easing perhaps in the future.

[vuilhond]

Excuse my ignorance,but why would we go up if forecast was for 7.5 and actual growth was 7.4?

[Motion Picture]

Go long, go strong.
Imo

 

May all our longs shine brightly this very day

[Beorn]

Yip, don't think the bulls will get more than that, today belongs to the bulls...tomorrow bears are back with vengeance!!

US should sell off hard tonight!

A

I dont see that, I see us rallying, but I've had many wrong calls the last couple of trades

I see us at least going to 43600, maybe more

Go long, go strong.
Imo

[Ninja]

Lol... Definitely sucked in the bear catcher!!!
Still don't think green is the way to go😀

Edited by Ninja, 20 January 2015 - 06:38 AM.

[bear catcher]

Suck in all the bears with the big drop bullshit and then the market shoots up.Green is the way!

[gannet]

China 0400 tomorrow morning.

 

Thanks my China 

[Plasma]

China 0400 tomorrow morning.

[Argento]

43200 seems to be a magnet and there's a fair bit of resistance around there.

 

Chinese data out tonight. Holding overnight could see tears of joy or despair.

Must say this bear ain't making it easy, but charts still much more bearish so tonight's data might just start the party, still see this as a bearish flag that should resolve very impulsive down with new lows!

 

A

[gannet]

Missed that...bummer, thanks RoB!

 

Makes no difference...bears are coming!

 

A

 

43200 seems to be a magnet and there's a fair bit of resistance around there.

 

Chinese data out tonight. Holding overnight could see tears of joy or despair.

[Argento]

U.S closed today... Holiday. Tomorrow could be much of the same until 4:30.

Missed that...bummer, thanks RoB!

 

Makes no difference...bears are coming!

 

A

[vuilhond]

Sell the rally?

[Beorn]

Yip, don't think the bulls will get more than that, today belongs to the bulls...tomorrow bears are back with vengeance!!

 

US should sell off hard tonight!

 

A

 

I dont see that, I see us rallying, but I've had many wrong calls the last couple of trades

 

I see us at least going to 43600, maybe more

Edited by Beorn, 19 January 2015 - 02:56 PM.

[REDorBLACK]

Yip, don't think the bulls will get more than that, today belongs to the bulls...tomorrow bears are back with vengeance!!

 

US should sell off hard tonight!

 

A

 

U.S closed today... Holiday. Tomorrow could be much of the same until 4:30.

[Argento]

So A what is your target for the squeeze 43200 futures?

Yip, don't think the bulls will get more than that, today belongs to the bulls...tomorrow bears are back with vengeance!!

 

US should sell off hard tonight!

 

A