I haven't posted for a while and am very cautious like most.
But there is potential out there and the resources industry is not good...
Today ASX:MXR Maximus resources announced the results of their drilling for GOLD,
70 klms south of Kalgoolie in Western Australia.
The price rose 100% from their low of .001 to .002
Around Christmas someone bought 11% of the shares.
That means you can buy 250,000 shares for the minimum of $500.00 AU
So read their announcements and hold for six months.
Also
ASX:CXO Core Exploration has found more Lithium so their price has been rising too.
Go to www.asx.com.au and type in codes for CXO and MXR
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1454611968077&chddm=32490&chls=IntervalBasedLine&q=ASX:MXR&ntsp=0&ei=5p2zVpGhD9WC0gSkzoKwCA
Remember we are not financial advisors..
Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach.
Ref standards:
AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Megamoneybox address is http://Megamoneybox.blogspot.com.au We try to help you earn money on the internet.We give free share trading tips. We aim to educate and enthuse. We are in Australia in the land of the Sun. We are asset management and risk consultants, are not financial advisors. You Trade at your own risk. We could be wrong. So do your homework. Go to our other blogs to de stress. We are not big risk takers. We asses, investigate, analyse and then decide.
Showing posts with label www.google.com/finance. Show all posts
Showing posts with label www.google.com/finance. Show all posts
Thursday, February 4, 2016
Thursday, February 26, 2015
erj enerji Ltd has doubled now 0.028 c
Enerji ltd has more than doubled. They are capturing heat and converting it into energy.
Look them up on www.asx.com.au type in code ERJ was 0.01 in Jan now 0.028
go to to see 3 mth chart
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1424976994173&chddm=18772&chls=IntervalBasedLine&q=ASX:ERJ&ntsp=0&ei=TmzvVOmzG-LgiwLp8oD4CA
Enerji Limited is an Australia-based company. The Company is clean power company that specializes in utilizing wasted energy normally lost in power generation and industrial processes to generate electricity. It is engaged in purchase and installation of the Opcon Powerboxs to generate emission free electricity. The Company also has Australian distribution rights to Swedish based Airec’s line of heat exchangers. Enerji Limited offers a number of financial options for our customers including Build, Own, Operate and Maintain (BOOM); Direct sale; Lease; Engineer, Procure, Construct or Turnkey, and Build, Own, Operate and Transfer (BOOT).
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Look them up on www.asx.com.au type in code ERJ was 0.01 in Jan now 0.028
go to to see 3 mth chart
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1424976994173&chddm=18772&chls=IntervalBasedLine&q=ASX:ERJ&ntsp=0&ei=TmzvVOmzG-LgiwLp8oD4CA
Enerji Limited is an Australia-based company. The Company is clean power company that specializes in utilizing wasted energy normally lost in power generation and industrial processes to generate electricity. It is engaged in purchase and installation of the Opcon Powerboxs to generate emission free electricity. The Company also has Australian distribution rights to Swedish based Airec’s line of heat exchangers. Enerji Limited offers a number of financial options for our customers including Build, Own, Operate and Maintain (BOOM); Direct sale; Lease; Engineer, Procure, Construct or Turnkey, and Build, Own, Operate and Transfer (BOOT).
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Thursday, October 9, 2014
take the money and run?
Once upon a time- a long time ago, I worked for a company that tried to earn some extra money by moving their excess cash around before paying their bills.
So, the thought occured to me, that maybe some companies, try to shore up their share price by buying a large number of their own shares, you know, to stop day traders from mucking up the share price..
I don't know if that actually happens, but with so much volatility in the market, and having worked as an external auditor of systems, I sort of get that feeling...
I didn't want to, but I sold off some stuff today.
you know that feeling of reluctance. It's so hard to call it quits and give up on what you thought might prove a winner...
I owned some Sirrius once (ASX:SIR) and sold off too early...
and now I regret it.
But maybe it's better to take your money and run, and live to invest another day...
Who knows?
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
So, the thought occured to me, that maybe some companies, try to shore up their share price by buying a large number of their own shares, you know, to stop day traders from mucking up the share price..
I don't know if that actually happens, but with so much volatility in the market, and having worked as an external auditor of systems, I sort of get that feeling...
I didn't want to, but I sold off some stuff today.
you know that feeling of reluctance. It's so hard to call it quits and give up on what you thought might prove a winner...
I owned some Sirrius once (ASX:SIR) and sold off too early...
and now I regret it.
But maybe it's better to take your money and run, and live to invest another day...
Who knows?
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Monday, February 17, 2014
ASX:CNN Cardia Bioplastics had some good announcements and rose dramatically on friday. Then fell back when buyers took profits.
They might just be what you are looking for, at 0.002 and with some convincing announcements as to their future. give them till July and see if they have risen by 100% or more.
They have doubled their production and have new contracts for bio degradeable plastic bags in Brazil supermarket, in time for the games, plus other new sales.
GO TO www.google.com/finance and check out the details.
https://www.google.com/finance?q=ASX%3ACNN&ei=M4gCU4DVN4GwkAWCpQE
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
They might just be what you are looking for, at 0.002 and with some convincing announcements as to their future. give them till July and see if they have risen by 100% or more.
They have doubled their production and have new contracts for bio degradeable plastic bags in Brazil supermarket, in time for the games, plus other new sales.
GO TO www.google.com/finance and check out the details.
https://www.google.com/finance?q=ASX%3ACNN&ei=M4gCU4DVN4GwkAWCpQE
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Thursday, October 17, 2013
Wall street Journal promotes GCN - Go connect
Wall street Journal article says it all. Promotes GCN Go Connect
Is Jackson Star Power Shining on GoConnect Shares?
The company’s shares have soared 250% this week. They jumped 33% on Tuesday and another 38% on Wednesday before the Australian Securities Exchange asked the company for a possible explanation.
In a filing to the exchange on Thursday, GoConnect Executive Chairman Richard Li said he couldn’t say for sure why the shares were soaring, but pointed to Go JLJ Entertainment, in which GoConnect has a 40% stake. (I thought it was only stated as 20% in their announcement-Mega)
Go JLJ Entertainment, GoConnect revealed on Thursday, is launching an American Idol-style musical competition in China, starring Jermaine Jackson, brother of Michael Jackson and a former member of the Jackson 5.
GoConnect’s shares rose another 91% on Thursday to an all-time high.
JJ5, as the competition will be known, will be broadcast in more than 50 Chinese cities.
Mr. Li said Go JLJ Entertainment had been advised that “securing significant sponsorships should not be difficult, particularly with the popularity of the Jacksons in China,” and that JJ5′s success would likely mean a big boost for GoConnect’s revenue.
The debut of JJ5 follows the rise of the Chinese version of The Voice as China’s most popular show. “I plan to find five talented individuals to create the next big all-round musical band and I plan to find them in China, which has the largest pool of undiscovered musical talent in the world,” Mr. Jackson said in a statement.
The first stage of the show will involve auditions and the selection of 15 contestants that can sing and dance. In the second stage, Mr. Jackson will mentor the contestants in three five-person groups. In the final stage, the bands will face off, with the winner claiming the name ‘Five.’
Rerefence:
http://blogs.wsj.com/moneybeat/2013/10/17/is-jackson-star-power-shining-on-goconnect-shares/
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Thursday, September 8, 2011
GCN Go connect keeps rising...
Go connect is an Australian based company specialising in internet services. They were at a low of .008 in August and have now risen to .024 today. Their announcement on launching their ezybonds platform for retail customers looks promising.
Check out the information on www.asx.com.au GCN code .
Do your own homework and decide for yourself. We could be wrong!
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Check out the information on www.asx.com.au GCN code .
Do your own homework and decide for yourself. We could be wrong!
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Monday, July 18, 2011
TVN up today by 68% now .059 cents
ASX:TVN we bgt on 28.6.11 for 0.017 - 30,000 for a little over $500.00
on 8th july they bgt a coal mine in Mongolia, and on the 18th - today announced they had a discovery of a 137 metre thick coal seam discovery.
China is their potential customer. looks good.
I gave this tip last week, and am VERY pleased with a 247% rise.
should I sell 10,000 and get my investment back, and leave 20,000 at free and no cost.
No, I'll wait another week.
this has been reported in Proactive investors and in Asia business, so I think there will be heaps of buyers shortly.
Mega
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
on 8th july they bgt a coal mine in Mongolia, and on the 18th - today announced they had a discovery of a 137 metre thick coal seam discovery.
China is their potential customer. looks good.
I gave this tip last week, and am VERY pleased with a 247% rise.
should I sell 10,000 and get my investment back, and leave 20,000 at free and no cost.
No, I'll wait another week.
this has been reported in Proactive investors and in Asia business, so I think there will be heaps of buyers shortly.
Mega
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Friday, July 8, 2011
BDI Blinda at .012 up today by 20%
ASX:BDI Blinda at .012 up today by 20%.
can't see announcement. Put on a watch list.
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
can't see announcement. Put on a watch list.
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Wednesday, July 6, 2011
TVN still rising on announcements
TVN still rising on announcements. rose again today 10% , then dropped back to rise of 6.67% (J curve jumped to 94% just before the "correction"
Have a look at the graph pic to 3pm.
I go to www.google.com/finance and have a free account. When you search for a stock you put items in watchlists and I tend to be guided by the technicals.
by that I mean, when you look up ASX:TVN for example, just below the 1st graph you can add technicals, and create more mini graphs.
I add Bollinger, and am guided by the past and potential squeeze of the 3 points, which often indicates a sudden rise is imminent.You can search internet for more on these technicals.
I also add KDJ which is similar. I watch the J curve to make sure it is not above the others or above 70%.
I also add MACD another indicator of volume etc.
when you scroll down you can also see other companies in similar field, and you cna see if they rose or fell that day, plus other vital information.
Try it yourself and read the announcements for that stock, which are linked on the top right hand side.
Remember we are not financial advisors. Sampson Management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Have a look at the graph pic to 3pm.
I go to www.google.com/finance and have a free account. When you search for a stock you put items in watchlists and I tend to be guided by the technicals.
by that I mean, when you look up ASX:TVN for example, just below the 1st graph you can add technicals, and create more mini graphs.
I add Bollinger, and am guided by the past and potential squeeze of the 3 points, which often indicates a sudden rise is imminent.You can search internet for more on these technicals.
I also add KDJ which is similar. I watch the J curve to make sure it is not above the others or above 70%.
I also add MACD another indicator of volume etc.
when you scroll down you can also see other companies in similar field, and you cna see if they rose or fell that day, plus other vital information.
Try it yourself and read the announcements for that stock, which are linked on the top right hand side.
Remember we are not financial advisors. Sampson Management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
Saturday, January 29, 2011
This big drop on all markets looks bad.
HI,
As long as you can read and write, and move and see, you can learn.
You need to learn so you will be able to survive and make sense of this world.
I want to be able to say something optimistic, but I can't.
I think it's time to sell off and cash in all profits. asap
If you go to www.google.com/finance, and search the S&P200, do a technical KDJ analysis, it showed on the J, on friday about 1pm, that the
A ords is oversold. it was above the 80. It's a sign to sell and not buy. Just
one of many signs.
(google finance is a great free tool for using technical analysis. Learn by doing there, but go via internet explorer. Mozilla somehow doesn't allow you to do the technical analysis, neither does Yahoo finance. )
I think the Global economy is in serious trouble.
I hope I'm wrong, I really hope so
The A ords closed at 4875 on Friday 28.1.11 with a drop of 34 points, all
markets dropped.(the asx S&P200 dropped too. its about 100 points less.
I don't think you can dismiss these drops as a correction after 8 weeks of aus
rises. I don't think you can blame the riots in Egypt, or the closure of
more banks in the USA this week.
My thoughts are it is a reflection of pessimism and the revelations that
arose from the GFC this week that the regulators and
top management do not actually know what caused the GFC or how to fix, or
even how to avoid it in future.
google recent GFC investigations 24.1.2011
http://www.nytimes.com/2011/01/28/business/economy/28inquiry.html
and see 1929 data below.
US market in Review: World market Crashed due to the Political unrest in
Egypt
29 January 2011 ref
http://galaxystocks.com/4595/sector-summary/us-market-in-review-world-market-crashed-due-to-the-political-unrest-in-egypt/
S&P 500 had it's biggest decline in the history of since August, US economy
faced the challenging among the trade due to the political uncertainty in
Egypt and huge fell of Ford motor and Amazon shares.
Three major NASDAQ, S&P 500 and Dow Jones indices were attempted to stable
the market but failed to perform well and lost the investor confidence
because investor are looking for safety for their investment. Even no single
indices were closed above the trend line during last session of trade.
Dow Jones Industrial Average declined -1.39% or -166.13 points to 11,823.70
however it exhibited a positive quarterly performance of +248.16 points or
2.14% which continued to remain up for half year with +1325.82 points or
12.63% and YTD performance firmed at +246.19 points or 2.13%.
S&P 500 INDEX, RTH declined -1.79% or -23.20 points to 1,276.34 however it
exhibited a positive quarterly performance of +17.83 points or 1.42% which
continued to remain up for half year with +170.21 points or 15.39% and YTD
performance firmed at +18.7 points or 1.49%.
NASDAQ Composite declined -2.48% or -68.39 points to 2,686.89 however it
exhibited a positive quarterly performance of +179.52 points or 7.16% which
continued to remain up for half year with +422.33points or 18.65% and YTD
performance firmed at +34.02 points or 1.28%.
so what can you do?
Make your own MOPI - MY own personal Indicator.
I/we started trading just before the Global financial crisis (GFC) in August
2007.
The A Ord was at 6830. (you can find the historical figures on the
www.asx.com.au)
I think of the scale like stairs, 1 - 9 NINE BEING the top without a
landing. step 5 is good, steps 6 - 7 excellent. 8-9 it may be about to
burst. But steps 3-4 require more research and much caution.
In 2007 we were going up fast toward a bust, it was rising too sharply and
too high.
In January 2008 there were huge unexpected problems in the USA, and in July
2009 it fell to 3111.
It has been up and down since. Halfway between both extremes is my midpoint.
You may not agree with this time frame so make your own YOPI - (Your own
personal indicator.. (MOPI =My Own personal Indicator.)
To calculate your own YOPI take the period you think is a good reflection of
the global market then the record the highest daily result less the lowest.
divide by 2 and add the result to the lowest. Note the historical figures
will change so you need to re do your YOPI every 3-6 months.
My Mopi.
Since 1.07.2007 The highest UPPER was 6853. The LOWEST 3111. 1871 on top of
the lowest of 3111= 4982
Right now it is BELOW at 4800 .
IT'S NOT ABOVE MY MID POINT. THE MARKET is still shaky.
My current MOPI is 4970. That is my worry line. That's a Decision time.
I take in all the indications on the chart and finally look at the market
points, and deduct my MOPI. If the result is above my 4962 points, I'm
happy. Right now its not.
Here's some sobering thoughts . ref
http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
" Anyone who bought stocks in mid-1929 and held onto them saw most of his or
her adult life pass by before getting back to even. "
-Richard M. Salsman[3]
The Roaring Twenties, the decade that led up to the Crash,[4] was a time of
wealth and excess. Despite caution of the dangers of speculation, many
believed that the market could sustain high price levels. Shortly before the
crash, economist Irving Fisher famously proclaimed, "Stock prices have
reached what looks like a permanently high plateau."[5] However, the
optimism and financial gains of the great bull market were shattered on
"Black Tuesday", October 29, 1929, when share prices on the New York Stock
Exchange (NYSE) collapsed. Stock prices plummeted on that day, and continued
to fall at an unprecedented rate for a full month.[6]
The October 1929 crash came during a period of declining real estate values
in the United States (which peaked in 1925)[citation needed] near the
beginning of a chain of events that led to the Great Depression, a period of
economic decline in the industrialized nations.
The October 1929 crash came during a period of declining real estate values
in the United States (which peaked in 1925)[citation needed] near the
beginning of a chain of events that led to the Great Depression, a period of
economic decline in the industrialized nations.
In the days leading up to "Black Thursday" (called "Black Friday" in Europe
due to the time difference) and "Black Tuesday" the following week, the
market was severely unstable. Periods of selling and high volumes of trading
were interspersed with brief periods of rising prices and recovery.
Economist and author Jude Wanniski later correlated these swings with the
prospects for passage of the Smoot-Hawley Tariff Act, which was then being
debated in Congress.[7] After the crash, the Dow Jones Industrial Average
(DJIA) partially recovered in November-December 1929 and early 1930, only to
reverse and crash again, reaching a low point of the great bear market in
1932. On July 8, 1932, the Dow reached its lowest level of the 20th century
and did not return to pre-1929 levels until November 1954.[8][9]
Meg
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
As long as you can read and write, and move and see, you can learn.
You need to learn so you will be able to survive and make sense of this world.
I want to be able to say something optimistic, but I can't.
I think it's time to sell off and cash in all profits. asap
If you go to www.google.com/finance, and search the S&P200, do a technical KDJ analysis, it showed on the J, on friday about 1pm, that the
A ords is oversold. it was above the 80. It's a sign to sell and not buy. Just
one of many signs.
(google finance is a great free tool for using technical analysis. Learn by doing there, but go via internet explorer. Mozilla somehow doesn't allow you to do the technical analysis, neither does Yahoo finance. )
I think the Global economy is in serious trouble.
I hope I'm wrong, I really hope so
The A ords closed at 4875 on Friday 28.1.11 with a drop of 34 points, all
markets dropped.(the asx S&P200 dropped too. its about 100 points less.
I don't think you can dismiss these drops as a correction after 8 weeks of aus
rises. I don't think you can blame the riots in Egypt, or the closure of
more banks in the USA this week.
My thoughts are it is a reflection of pessimism and the revelations that
arose from the GFC this week that the regulators and
top management do not actually know what caused the GFC or how to fix, or
even how to avoid it in future.
google recent GFC investigations 24.1.2011
http://www.nytimes.com/2011/01/28/business/economy/28inquiry.html
and see 1929 data below.
US market in Review: World market Crashed due to the Political unrest in
Egypt
29 January 2011 ref
http://galaxystocks.com/4595/sector-summary/us-market-in-review-world-market-crashed-due-to-the-political-unrest-in-egypt/
S&P 500 had it's biggest decline in the history of since August, US economy
faced the challenging among the trade due to the political uncertainty in
Egypt and huge fell of Ford motor and Amazon shares.
Three major NASDAQ, S&P 500 and Dow Jones indices were attempted to stable
the market but failed to perform well and lost the investor confidence
because investor are looking for safety for their investment. Even no single
indices were closed above the trend line during last session of trade.
Dow Jones Industrial Average declined -1.39% or -166.13 points to 11,823.70
however it exhibited a positive quarterly performance of +248.16 points or
2.14% which continued to remain up for half year with +1325.82 points or
12.63% and YTD performance firmed at +246.19 points or 2.13%.
S&P 500 INDEX, RTH declined -1.79% or -23.20 points to 1,276.34 however it
exhibited a positive quarterly performance of +17.83 points or 1.42% which
continued to remain up for half year with +170.21 points or 15.39% and YTD
performance firmed at +18.7 points or 1.49%.
NASDAQ Composite declined -2.48% or -68.39 points to 2,686.89 however it
exhibited a positive quarterly performance of +179.52 points or 7.16% which
continued to remain up for half year with +422.33points or 18.65% and YTD
performance firmed at +34.02 points or 1.28%.
so what can you do?
Make your own MOPI - MY own personal Indicator.
I/we started trading just before the Global financial crisis (GFC) in August
2007.
The A Ord was at 6830. (you can find the historical figures on the
www.asx.com.au)
I think of the scale like stairs, 1 - 9 NINE BEING the top without a
landing. step 5 is good, steps 6 - 7 excellent. 8-9 it may be about to
burst. But steps 3-4 require more research and much caution.
In 2007 we were going up fast toward a bust, it was rising too sharply and
too high.
In January 2008 there were huge unexpected problems in the USA, and in July
2009 it fell to 3111.
It has been up and down since. Halfway between both extremes is my midpoint.
You may not agree with this time frame so make your own YOPI - (Your own
personal indicator.. (MOPI =My Own personal Indicator.)
To calculate your own YOPI take the period you think is a good reflection of
the global market then the record the highest daily result less the lowest.
divide by 2 and add the result to the lowest. Note the historical figures
will change so you need to re do your YOPI every 3-6 months.
My Mopi.
Since 1.07.2007 The highest UPPER was 6853. The LOWEST 3111. 1871 on top of
the lowest of 3111= 4982
Right now it is BELOW at 4800 .
IT'S NOT ABOVE MY MID POINT. THE MARKET is still shaky.
My current MOPI is 4970. That is my worry line. That's a Decision time.
I take in all the indications on the chart and finally look at the market
points, and deduct my MOPI. If the result is above my 4962 points, I'm
happy. Right now its not.
Here's some sobering thoughts . ref
http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
" Anyone who bought stocks in mid-1929 and held onto them saw most of his or
her adult life pass by before getting back to even. "
-Richard M. Salsman[3]
The Roaring Twenties, the decade that led up to the Crash,[4] was a time of
wealth and excess. Despite caution of the dangers of speculation, many
believed that the market could sustain high price levels. Shortly before the
crash, economist Irving Fisher famously proclaimed, "Stock prices have
reached what looks like a permanently high plateau."[5] However, the
optimism and financial gains of the great bull market were shattered on
"Black Tuesday", October 29, 1929, when share prices on the New York Stock
Exchange (NYSE) collapsed. Stock prices plummeted on that day, and continued
to fall at an unprecedented rate for a full month.[6]
The October 1929 crash came during a period of declining real estate values
in the United States (which peaked in 1925)[citation needed] near the
beginning of a chain of events that led to the Great Depression, a period of
economic decline in the industrialized nations.
The October 1929 crash came during a period of declining real estate values
in the United States (which peaked in 1925)[citation needed] near the
beginning of a chain of events that led to the Great Depression, a period of
economic decline in the industrialized nations.
In the days leading up to "Black Thursday" (called "Black Friday" in Europe
due to the time difference) and "Black Tuesday" the following week, the
market was severely unstable. Periods of selling and high volumes of trading
were interspersed with brief periods of rising prices and recovery.
Economist and author Jude Wanniski later correlated these swings with the
prospects for passage of the Smoot-Hawley Tariff Act, which was then being
debated in Congress.[7] After the crash, the Dow Jones Industrial Average
(DJIA) partially recovered in November-December 1929 and early 1930, only to
reverse and crash again, reaching a low point of the great bear market in
1932. On July 8, 1932, the Dow reached its lowest level of the 20th century
and did not return to pre-1929 levels until November 1954.[8][9]
Meg
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.
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