Australia 01 (May 08 - Jan 11)

Re: Australia 01 (May 08 - Mar 11)

Postby winston » Wed Jan 12, 2011 7:37 pm

Dear All,

I have moved the discussions on Mr. Manohan Singh into the "India" thread.

Take care,
Winston
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Re: Australia 01 (May 08 - Mar 11)

Postby winston » Fri Jan 14, 2011 8:15 am

How the Australian Floods Impact the Global Commodity Markets

As I write, Brisbane, Australia’s third-largest city, is enduring the most devastating floods since 1974.

Overall, the flooding in the state of Queensland covers an area of 350,000 square miles – larger than France and Germany combined.

The ETF that represents the Australian stock market – the iShares MSCI Australia Index (NYSE: EWA) – has responded by falling 4% so far this year.

But there’s another huge problem, both for Australia and other countries around the world…

http://www.thetradingreport.com/2011/01 ... y-markets/
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Re: Australia 01 (May 08 - Mar 11)

Postby LenaHuat » Fri Jan 14, 2011 6:08 pm

The River Yarra has burst its banks and Melbourne floods :evil: Good luck to those who own houses in Brisbane and Melbourne.
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Re: Australia 01 (May 08 - Jan 11)

Postby kennynah » Fri Jan 14, 2011 10:23 pm

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Re: Australia 01 (May 08 - Mar 11)

Postby tonylim » Sat Jan 15, 2011 10:40 am

LenaHuat wrote:The River Yarra has burst its banks and Melbourne floods :evil: Good luck to those who own houses in Brisbane and Melbourne.



Tried to search the present flood situation in Melbourne but to no avail. Hope some friends here can help to update, many thanks.
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Re: Australia 01 (May 08 - Jan 11)

Postby LenaHuat » Sat Jan 15, 2011 2:34 pm

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Re: Australia 01 (May 08 - Jan 11)

Postby iam802 » Sat Jan 15, 2011 3:47 pm

Spoke to a friend in Melbourne on this..and here's his reply

Nope. Floods are in regional areas. Melbourne not affected yet.
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Australia 01 (May 08 - Jan 11)

Postby LenaHuat » Sat Jan 15, 2011 4:40 pm

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Re: Australia 01 (May 08 - Jan 11)

Postby tonylim » Sat Jan 15, 2011 6:22 pm



Thanks Lena, looked more serious than thought. :?
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Re: Australia 01 (May 08 - Jan 11)

Postby LenaHuat » Sat Jan 15, 2011 9:02 pm

The floods (apparently the ones in Melbourne were flash floods) are really intimidating and scary.
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