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19/01/17
14:00
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Originally posted by Lauban
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Thanks guys its an honour opening this on behalf of speckledjim.
I've been on HC for 2 years now , I am just starting to feel like im starting to be a "regular" so thanks for being accepting! . Seen a lot of crazy things here, especially when the markets turn sour - but we should all keep it civil.
The DT forum should have more of an educational vibe going in the premarkets and aftermarkets (refer to the STT forums run by Freehold) . We used to have more gurus on here (I would by no means consider myself one) - they used to give out a few pointers so hopefully we can all step up in their absence and give some good feedback for the new guys. traders - leave your egos at the door because it does not earn you coin. Welcome!
Remember that Chinese new year is coming back - haha @lociecie can give us updates. But usually this turns the market a little quiet (on the volume side of things). All the best guys!
Shares fell for a fifth session out of the last seven, touching a three-week low during the day as financials and pharma stocks followed their US peers after Wall Street was hit by President-elect Donald Trump's remarks on the US dollar and drug pricing.
The ASX dropped 0.4 per cent to 5678.8, clawing back some of its earlier losses that had seen it slip into the red for the year; it's now up a paltry 0.2 per cent in 2017.
"This selloff probably has further to play out," said James Gerrish, senior investment advisor at Shaw and Partners.
"Seasonally we had a great December and early January, the banks and resources ran a long way on thin volume, there's probably a fair bit of room for them to come back as people line up what's going to happen in the US and the UK."
The financials index, which had gained more than 15 per cent since the US election, attracted some selling for the second straight session, ahead of Trump's inauguration on Friday. Financials underperformed other sectors, with the big four banks driving the losses, all losing around 1 per cent.
Healthcare stocks also declined, after Trump told the Washington Post that he would target companies over drug pricing and would replace Obamacare with a plan that would envisage "insurance for everybody".
smh.com.au
Oil +0.27%
Gold -0.51%
Silver - 0.8%
Copper -0.08%
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why dont u tell everyone how S**** u are of a trader at UNSW, heard many stories of ur trading patterns from other uni students hahahahah, hows DCC going for u heard u bought at the top?