XJO - Bear Posts only (Factors which might cause the markets to fall), page-16335

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Ewebute

6,369 Posts.

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20/07/24

03:12

Post #: 74837198
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Originally posted by Load: ↑

Did you guys notice Oz's Thu's unemployment stats release went from 4.0 to 4.1%? When it went to 5%+ in 2008, that when the market started heading south.

The Nasdaq has been going up 3 months, then 3 months down to touch the 100SMA every 6 months. So we've just gone up 3 months, just remains to be seen whether this is a casual slide down to touch the 100SMA in Oct, or develops into a full blown crash. Ive started accumulating SNAS again.

View attachment 6325764

A Curious anomaly on Tuesdays data in my daily ASX checks. Despite the XAO going negative, the 1 year high to one year low stock ratio shot up to 1060%. Havent seen these ratios since the euphoric buying in April 2020.Also stocks making 5%+ losses on the day excceded those making 5%+ gains by almost 50%. That is very unusual too, because most of the time the gainers have always exceeded the losers.

So Perhaps the Ozzie market makers decided at that point , in tandem with US market ructions "Yep, the Blinkered Bull Brigade cant get any more silly than this", and decided now is a good time to get out of the market.

View attachment 6325779

Also @Ewebute, did you notive the volume dropoff on BRK-A? Tightarse Wazza has given up on th markets, remember, and is parking $189B cash. Looking shortable?

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Didn't the oracle of Omahahahahaha recently invest more into insurance on top of his already huuuuuuge insurance section of their business?

Has some tragedy befallen the world or about to?

XJO Value at posting: 7,971.6
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