Major indices correction

This is a discussion on Major indices correction within the Indices forums, part of the Markets category; Originally Posted by wisefoolx " I hope I am wrong but my market indicators are signalling a market top occurring ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 26, 2017, 10:51am   #9
 
Oscar Reed's Avatar
Joined May 2015
Quote:
Originally Posted by wisefoolx View Post
" I hope I am wrong but my market indicators are signalling a market top occurring between now and mid October . Any major downturn could be quite severe. "
Look forward to it

Would be a great a great buying opportunity for some shares I like.
Oscar Reed is offline   Reply With Quote
Old Sep 26, 2017, 11:34am   #10
Joined Aug 2017
wisefoolx started this thread
Quote:
Originally Posted by Oscar Reed View Post
Look forward to it

Would be a great a great buying opportunity for some shares I like.
Which one do you like ?
wisefoolx is offline   Reply With Quote
Old Sep 26, 2017, 12:19pm   #11
 
Oscar Reed's Avatar
Joined May 2015
Quote:
Originally Posted by wisefoolx View Post
Which one do you like ?
Couple of Aussie banks ANZ and CBA

Health care stocks Ramsey Health and Healthscope.

Few miners and energy but the price needs to be right.

Also would buy an SP500 ETF on a pullback

6 to 10% pullback would be good, but seem to be dreaming at the moment.

But you never know.
Oscar Reed is offline   Reply With Quote
Old Sep 29, 2017, 6:08pm   #12
 
Quantt's Avatar
Joined Jul 2017
Quote:
Originally Posted by wisefoolx View Post
I may be wrong but I feel there's a major correction of all major indices starting this week. Why? my own personal maths based charts are signalling so
I have the same feeling based on not too many trades triggered this month... indeed looks toppy in the last two seeks, but who knows, today we have a new high on SPY
__________________
"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
Quantt is online now   Reply With Quote
Old Sep 29, 2017, 6:28pm   #13
 
piphoe's Avatar
Joined Oct 2015
the OP's message is exactly what I was thinking:

http://www.trade2win.com/boards/indi...-didnt-we.html
__________________
if you have a little volatility, half an idea where sh^t will turn, and a reasonable stop, I might be able to start making $ off this venture
piphoe is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Am I looking too much at the major indices? Can certain stocks defy correlation? AirborneTrader Stocks 2 Aug 1, 2014 11:35pm
stock markets are due for a major correction any given day jamesj188 Stocks 17 Apr 16, 2013 2:42am
Out of correction? alpbeta Technical Analysis 0 Sep 16, 2011 4:05am
Whats the difference between daily indices and futures indices? Pi3141 General Trading Chat 2 Sep 28, 2010 2:23pm
Major Indices Near Short-Term Support CFDTrading Indices 0 Nov 13, 2008 11:35pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)