Show your support by donating any amount. (Note: We are still technically a for-profit company, so your
contribution is not tax-deductible.)
PayPal Acct: 
Feedback: 
Donate to VoyForums (PayPal):
| Sunday, May 17, 05:34:19pm | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, [8], 9, 10 ] |
| Subject: Re: S&P500 | |
|
Author: 31/3/03 --U.S. time. (1/4/03--Oz time)-- low at time of writing8.43.68--currently--851.98 |
[
Next Thread |
Previous Thread |
Next Message |
Previous Message
]
Date Posted: Monday, March 31, 09:40:11am In reply to: calculations 's message, "S&P500" on Monday, March 31, 09:27:31am _INX 851.97 12:29PM -11.53 -1.34% 863.50 843.68 59,600 292.11% 58 Long/ 82 Short From: bonkers Replying To : bonkers (post 3498) Mar 29 2003 6:15AM Title: stochastic--oversold--29/3/03 http://www.egoli.com.au/egoli_frame.asp?Frame=Forum ------------------------------------------------- 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. ------------------------------------------------- "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." ------------------------------------------------- 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. ------------------------------------------------- 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. ------------------------------------------------- From: bonkers Replying To : mszypula (post 3497) Mar 28 2003 2:48PM Title: S&P500 support resistance S&P500 support resistance ----------------- Hi Mszypula, I was just thinking that if you ever decide to do that and giving you the benefit of someone who has done that in the past--been there done that--sort of thing.Your recent view was posted in Australia.--Regards,--BK. ----------------- Dated 28/3/03 Australian time--that would be 27/3/03 U.S. time. ----------------- Oz. ----------------- 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. From: mszypula Replying To : bonkers (post 3496) Mar 27 2003 4:55PM Title: re : S&P I don't manage anyone's money, but I know enough how to influence decisions. Same thing with friends. It's easy enough to suggest to buy something, but selling is alot harder for most people who don't trade; it can be impossible to get across the notion of cutting losses. Most of my broke friends it doesn't apply to, but there are one or two I know who I'd hate to see cut their significant assets another 50% than what they lost from 2000-2003, you know? Anyway, I don't see any reason we can't drop to 840 on the S&P tomorrow, on our way toward oversold. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: S&P500--market likes certainty as opposed to uncertainty | 3504 When the Middle East Erupts prog_thinker Mar 31 10:25AM 3503 Bush's War & Bush's Recession prog_thinker Mar 31 10:14AM | Monday, March 31, 09:59:19am |