"a whole lot of bulls make a bear"

The Bull Vs Bear debate

discuss

goes both ways.. supply and demand. Macro econ

wallstreet1928 said:

The Bull Vs Bear debate

discuss

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Expectations theory? or Guess work?

I wouldn't like to stand in front of a freight train though...

I'm waiting for DOW to hit 11800 before considering shorts even perhaps 12000... Momentum is there.

fihunts said:

goes both ways.. supply and demand. Macro econ

Click to expand...

Macro econ

oooh , you have just brought back memories of my boring university lecturer talking about the elasticity of demand !! hehe

atilla I am short dax from 6952 overnight ...targeting 6925 region and below !!

expecting aussie to lead us lower overnight , add in a double top on FTSE and nasdaq and new low in euro !! good resistance for now

conclusion = risk off

I am very concerned with the divergence of FTSE 100 and aus/usd

a break out in FTSE should be led by aussie, not vice versa

wallstreet1928 said:

I am very concerned with the divergence of FTSE 100 and aus/usd

a break out in FTSE should be led by aussie, not vice versa

Click to expand...

I'm not sure re:connection between FTSE and AUS/USD but FTSE has always been a strange beast with Banks, Chemicals and Oil skewing its movement compared to rest of market - and I've been caught out on a number of occasions... I think AUS/USD more to do with gold and probably movement in Chinese markets at present.

May well go down but my point is when markets making new highs with some significant news also due next couple of days - take a brave man to call tops... imo further extensions highly probable in next two days.

wallstreet1928 said:

Macro econ

oooh , you have just brought back memories of my boring university lecturer talking about the elasticity of demand !! hehe

Click to expand...

hehe, remember where the supply line and the demand line intersect? Makes me think of stochastic's where a security is over bought or over sold.

Okay, I just hurt my brain. I'll stop there.