By SmallStocks on Oct 20, 2008 in ASX | 0 Comments
Given the Dows (DJI) performance last Friday, you would think that the ASX will be either down or swinging for the week. The Dow closed down 127.04 points - or 1.41% - last Friday, and so whether the ASX will follow US’s sentiment will be unclear. Last week Rio Tinto’s (RIO) announcement on the state [...]
By SmallStocks on Oct 17, 2008 in ASX | 0 Comments
The All Ords (AORD) was down 43.3 points today, or approximately 1% as the Dow Jones late recovery failed to invoke any positive sentiment on the Aussie Market. The S&P200 (AXJO) was also down around the same, falling 42.6 points to 3,970.80 or roughly 1% as well.
It seems despite my prediction yesterday that mining stocks may [...]
By SmallStocks on Oct 17, 2008 in ASX | 0 Comments
Update @ 12:18: Well the opening higher was short lived. Check out the All Ords Chart (AORD) - it shows a drop straight down - not down around 11 points. Not one stock has posted “large” gains with most trading in a range of between $0.02 and $0.25.
The ASX (AORD) has opened slightly higher on [...]
By SmallStocks on Oct 16, 2008 in ASX | 0 Comments
As has happened so often with the market over the last couple of weeks, the All Ords (AORD) has once again finished much lower - down 284 points to close around 3,988.1. The S&P200 (AXJO) didn’t fair much better either - it was down 6.7%, or 286.6 points to close around 4,013.4.
This was inevitable after [...]
By SmallStocks on Oct 16, 2008 in ASX | 0 Comments
Have no doubt folks. The All Ords (AORD) and the S&P200 (AXJO) are going to take a hammering today. The Australian Market is definitely going to take a leaf out of the USA’s Book, with the Dow (DJO) plummeting more than 700 points - you can image the Aussie Market is going to open, at [...]