http://www.dailyreckoning.com.au/long-strange-correction/2007/08/02/ An independent perspective on the Australian and global investment markets Sat, 20 Mar 2010 11:23:03 +0000 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/long-strange-correction/2007/08/02/comment-page-1/#comment-2860 Bevan Liebke Sat, 04 Aug 2007 09:52:09 +0000 http://www.dailyreckoning.com.au/a-long-strange-correction-as-asx-falls-3/2007/08/02/#comment-2860 Hi Dan My first enquiry since subscribing to the DR some 18 mths ago. Can you help to clarify something that's been promoted on DR...The Insider Code? How does the promoter personally help (supposedly in real time) with purchasers on the other side of the world ...in OZ. Don't know whether you can pass this on - understand the need for confidentiality but is there a proxy email address that I may contact to maybe asked more questions? Appreciate any assistance that you can provide. Finally, enjoy the DR - particularly the contrarian position often taken and the informative/entertaining style of commentary. regards Bevan Hi Dan
My first enquiry since subscribing to the DR some 18 mths ago. Can you help to clarify something that's been promoted on DR...The Insider Code? How does the promoter personally help (supposedly in real time) with purchasers on the other side of the world ...in OZ. Don't know whether you can pass this on - understand the need for confidentiality but is there a proxy email address that I may contact to maybe asked more questions? Appreciate any assistance that you can provide. Finally, enjoy the DR - particularly the contrarian position often taken and the informative/entertaining style of commentary.
regards
Bevan

]]> http://www.dailyreckoning.com.au/long-strange-correction/2007/08/02/comment-page-1/#comment-2847 Hobbo Thu, 02 Aug 2007 23:44:35 +0000 http://www.dailyreckoning.com.au/a-long-strange-correction-as-asx-falls-3/2007/08/02/#comment-2847 The last minute recovery is more likely the Plunge Protection Team in action. Think about it bearing in mind the herd mentality of the markets - when would be the best time to have a massive upswing - at the beginning or in the middle of the day when those massive inputs can be taken as profits? A better scenario is inflate the market at the dying end, where it will go on to impact on the rest of the global markets that take the Dow's lead. The ASX almost always reflects the trend at the end of the Dow day's trade, which subsequently leads onto the London exchange and all the way back to the Dow again the next day. This is of course happens on a macro scale and local issues will always have an effect on those markets also. The last minute recovery is more likely the Plunge Protection Team in action. Think about it bearing in mind the herd mentality of the markets - when would be the best time to have a massive upswing - at the beginning or in the middle of the day when those massive inputs can be taken as profits? A better scenario is inflate the market at the dying end, where it will go on to impact on the rest of the global markets that take the Dow's lead. The ASX almost always reflects the trend at the end of the Dow day's trade, which subsequently leads onto the London exchange and all the way back to the Dow again the next day. This is of course happens on a macro scale and local issues will always have an effect on those markets also.

]]>