• 140 days Could Crypto Overtake Traditional Investment?
  • 145 days Americans Still Quitting Jobs At Record Pace
  • 147 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 150 days Is The Dollar Too Strong?
  • 150 days Big Tech Disappoints Investors on Earnings Calls
  • 151 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 153 days China Is Quietly Trying To Distance Itself From Russia
  • 153 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 157 days Crypto Investors Won Big In 2021
  • 157 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 158 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 160 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 161 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 164 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 165 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 165 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 167 days Are NFTs About To Take Over Gaming?
  • 168 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 171 days What’s Causing Inflation In The United States?
  • 172 days Intel Joins Russian Exodus as Chip Shortage Digs In
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Australia to Enter a Very Sad Period

Australia to enter a very sad period

NOT wrong, all AORDs fallen 1000pts. C wave started.

Previous Post Australia to enter a very sad period

Aussie and Kiwis are in for a rough ride over 2015-18.

readtheticker.com does have charting data for the large ASX stocks as well as NZD and AUD, so investors can watch the sell off and get ready for the base and recovery in the years ahead.

Why? Short answer China, long answer the over hyped property market which will revert to the mean, and that will hurt!

Latest AORD chart. The 1000pt drop is the start of wave C, true it wont all move in a straight line, but the top is in. Aussie share investor time to cash up, on on the next bounce if you get one!

Australian Ordinaries since 1993 Chart

Here is the original chart...(posted March 2013)

Australian Ordinaries since 1910 Chart

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

"Don't trust your own opinion and back your judgment until the action of the market itself confirms your opinion." ~ Jesse Livermore Trading Rule

"It's easier to fool people, than to convince them they have been fooled." ~ Mark Twain

"People somehow think you must buy at the bottom and sell at the top to be successful in the market. That's nonsense! The idea is to buy when the probability is greatest that the market is going to advance." ~ Martin Zweig (The inspiration behind a number of Martin Zweig's methods came, from Jesse Livermore).

"Bull markets are born on pessimism, grow on scepticism, mature on optimism and die of euphoria." ~ John Templeton

"I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend." ~ Martin Zweig

 

Back to homepage

Leave a comment

Leave a comment