Join our investing community

5000

Discussion in 'Shares' started by Tropo, 17th Mar, 2006.

  1. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    If I am not wrong :eek: - it's time to hit 5000.
    5022; 5049
    Have a nice trip... :D
    :cool:
     
  2. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    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.
     
  3. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    4984, doesn't look like it'll be today.
     
  4. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    You are right...
    First 30 min after open was very important.
    Oh... well...Always is another day...
    :cool:
     
  5. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    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:

  6. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    Enjoy !! :D
    Would be nice IF we CLOSE above 5000.
    Anyway .... Damage is DONE !!!.
    :cool:
     
  7. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    Yep, closed at 5000.4! Now the damage is really done! ;)

    :cool:
    Michael.
     
  8. Mark Leo

    Mark Leo Well-Known Member

    Joined:
    16th Aug, 2005
    Posts:
    59
    5022; 5049
    Have a nice trip...


    Tropo,
    Where do you get these numbers from?
    Mark.
     
  9. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    So Tropo...did you make a packet from your index futures contracts? :D
     
  10. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    I calculate these levels using few different tools (depends on conditions) incl. projection and Fibo.
    :cool:
     
  11. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    Unfortunately NOT...because I do NOT trade futures :mad:
    I trade FX only :p
    :cool:
     
  12. Mark Leo

    Mark Leo Well-Known Member

    Joined:
    16th Aug, 2005
    Posts:
    59
    Tropo,
    Does it make a difference if the market is at an all time high?
    Mark.
     
  13. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    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:
     
  14. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    Powering ahead today. XJO up to 5010 now...
     
  15. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    I do not think we'll hit 5022 today.
    Probably 5015/18 may be a cap for now.
    Stay :cool:
     
  16. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    Currently trading at 5023. ;)
     
  17. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    "5022; 5049
    Have a nice trip..."


    As you see my level was hit :D
    :cool:
     
  18. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    All Ords just traded over 5000! And the XJO is at 5041.

    Cheers,
    Michael.
     
  19. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    O.K..Target missed by 6.9 points (5049-5042.1) :rolleyes:

    :cool:
     
  20. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    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: