5000

Discussion in 'Sharemarket News & Market Analysis' started by Tropo, 17th Mar, 2006.

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  1. Tropo

    Tropo Well-Known Member

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    If I am not wrong :eek: - it's time to hit 5000.
    5022; 5049
    Have a nice trip... :D
    :cool:
     
    Tropo, 17th Mar, 2006
    #1
  2. MichaelW

    MichaelW Well-Known Member

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    Teasing us, the ASX200 opened up to 4997, tantalizingly close to the mark.

    There's no stopping this bull and its got a lot of legs left in it, so get on and enjoy the ride! :D

    Cheers,
    Michael.
     
    MichaelW, 17th Mar, 2006
    #2
  3. Glebe

    Glebe Well-Known Member

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    4984, doesn't look like it'll be today.
     
    Glebe, 17th Mar, 2006
    #3
  4. Tropo

    Tropo Well-Known Member

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    You are right...
    First 30 min after open was very important.
    Oh... well...Always is another day...
    :cool:
     
    Tropo, 17th Mar, 2006
    #4
  5. MichaelW

    MichaelW Well-Known Member

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    Stop Press!

    5000

    The ASX200 just traded above 5000 for the first time at around 11:00am today.

    Now we've just got to drag the All Ords over that mark...

    :cool:
    Michael.
     

    Attached Files:

    MichaelW, 20th Mar, 2006
    #5
  6. Tropo

    Tropo Well-Known Member

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    Enjoy !! :D
    Would be nice IF we CLOSE above 5000.
    Anyway .... Damage is DONE !!!.
    :cool:
     
    Tropo, 20th Mar, 2006
    #6
  7. MichaelW

    MichaelW Well-Known Member

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    Yep, closed at 5000.4! Now the damage is really done! ;)

    :cool:
    Michael.
     
    MichaelW, 20th Mar, 2006
    #7
  8. Mark Leo

    Mark Leo Well-Known Member

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    5022; 5049
    Have a nice trip...


    Tropo,
    Where do you get these numbers from?
    Mark.
     
    Mark Leo, 20th Mar, 2006
    #8
  9. Nigel Ward

    Nigel Ward Well-Known Member

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    So Tropo...did you make a packet from your index futures contracts? :D
     
    Nigel Ward, 20th Mar, 2006
    #9
  10. Tropo

    Tropo Well-Known Member

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    I calculate these levels using few different tools (depends on conditions) incl. projection and Fibo.
    :cool:
     
    Tropo, 20th Mar, 2006
    #10
  11. Tropo

    Tropo Well-Known Member

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    Unfortunately NOT...because I do NOT trade futures :mad:
    I trade FX only :p
    :cool:
     
    Tropo, 20th Mar, 2006
    #11
  12. Mark Leo

    Mark Leo Well-Known Member

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    Tropo,
    Does it make a difference if the market is at an all time high?
    Mark.
     
    Mark Leo, 20th Mar, 2006
    #12
  13. Tropo

    Tropo Well-Known Member

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    To me it's no difference. Market can still go up or may go down.
    For some people 5000 it's a psychological level (some people like round numbers).
    Sure...market may pull back - and sooner or later will !!!.
    Actually market (XJO) is not as strong as was before, but it's still bullish.
    :cool:
     
    Tropo, 20th Mar, 2006
    #13
  14. MichaelW

    MichaelW Well-Known Member

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    Powering ahead today. XJO up to 5010 now...
     
    MichaelW, 22nd Mar, 2006
    #14
  15. Tropo

    Tropo Well-Known Member

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    I do not think we'll hit 5022 today.
    Probably 5015/18 may be a cap for now.
    Stay :cool:
     
    Tropo, 22nd Mar, 2006
    #15
  16. MichaelW

    MichaelW Well-Known Member

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    Currently trading at 5023. ;)
     
    MichaelW, 22nd Mar, 2006
    #16
  17. Tropo

    Tropo Well-Known Member

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    "5022; 5049
    Have a nice trip..."

    As you see my level was hit :D
    :cool:
     
    Tropo, 22nd Mar, 2006
    #17
  18. MichaelW

    MichaelW Well-Known Member

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    All Ords just traded over 5000! And the XJO is at 5041.

    Cheers,
    Michael.
     
    MichaelW, 23rd Mar, 2006
    #18
  19. Tropo

    Tropo Well-Known Member

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    O.K..Target missed by 6.9 points (5049-5042.1) :rolleyes:

    :cool:
     
    Tropo, 23rd Mar, 2006
    #19
  20. Tropo

    Tropo Well-Known Member

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    Projected target was hit at 5049 (after pull back in Oct.05) ;)
    On the up side next level is 5079
    On the down side: 4972/48/24.
    :cool:
     
    Tropo, 24th Mar, 2006
    #20
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