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Sunday, May 17, 04:10:48pmLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1234567[8]910 ]
Subject: S&P500


Author:
calculations
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Date Posted: Monday, March 31, 09:27:31am

Name: Wonder Woman
Location: Sydney, NSW Australia
Date: 3/29/03 9:59:38 PM
Subject: Hi ERG,233 April valuation page report S&P500 stochastic oversold
Comments:
Below is an extract out of Ernst and Young 233 page report, (downloadable from the ASX) it refers to the April Interest shares and is their estimation of their worth on the chart resistance on ERG to me is the 12 to 12.5c area.
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"Based on our assessed value of an ERG share, in section 5.6, we valued the April Interest Conversion Shares in the range of between 17.21 cents and 44.55 cents."
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The stochastic on the S&P500 is currently oversold--refer to previous charting support areas last time it traded March 28th U.S. time the low was 860.83 which was above the previous 858.09 the high was 869.88 which wasn't as high as the previous 874.15 the close was 863.50 which is just above the previous support area of 862--(given earlier post)if as stated this is not a consolidation area the next level down in the opinion of a U.S. citizen that shorts stocks up and down would be as stated the 840 area. At the time of writing 10pm Saturday night the 29/3/03 futures are mildly negative.
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Just as a general comment with ERG it is opinion to always pay proper attention to risk reward and safety, opportunity cost of capital, market risk and systemic risk.
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Name: Wonder Woman
Location: Sydney, NSW Australia
Date: 3/28/03 11:26:06 AM
Subject: S&P500 charting U.S.
Comments:
Here is a point of view--market makers came in at the 780's level (bottom 786) as previously stated since then as we now know it has risen---the latest analysis I have is 862 is a support area, last nights low was 858.09 finishing at 868.52 with a high of 874.15 if it does not hold the 862 area I have another opinion from a U.S. citizen that shorts stocks both up and down--that the next area or support where it would approach oversold is the 840 area.
Regards,--WW.
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S&P500--on Feb 14th the low was 815.03 it is at
that date 834.89 -- The low for the S&P500 Feb 13th 03 U.S. time was 806.29
further dividing the 6 by 2 and making it 3 probably gives a better picture--ie
806 809 812 815 817.12598 818 821 824 825.845 827 830 833--834.56402 836 ROCK AUSSIE>>839 842 845.3596 848 851 854 857 860 863 all that kind of thing. or if you want to be flashy "et hoc genus omne" (lol)the number 6 seems to come
into it--ie 806 812 818 824 830 836 842 848 854-the high Feb 27th 842.19 (ie 806
+6 = 812 + 6 = 818 + 6 = 824 + 6 = 830 +6 = 836 + 6 = 842)

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Replies:
Subject Author Date
Re: S&P50031/3/03 --U.S. time. (1/4/03--Oz time)-- low at time of writing8.43.68--currently--851.98Monday, March 31, 09:40:11am
Re: S&P500--market likes certainty as opposed to uncertainty3504 When the Middle East Erupts prog_thinker Mar 31 10:25AM 3503 Bush's War & Bush's Recession prog_thinker Mar 31 10:14AMMonday, March 31, 09:59:19am
Re: S&P5003502 Going long the indexes (Long Recommendation)... 88cav 3501 $SPX Wave Update erniek to erniek(post 3401) Mar 30 11:56PMMonday, March 31, 10:02:22am
Re: S&P500Yes to a thinking person who is stockmarket literateMonday, March 31, 11:53:27am


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