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Subject:

Data/chaos/punters/fears/doubts

Author:
Qantas valuation cut by Goldman Sachs Thursday 9/6/2011 from 3.32 to 2.76.

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Date Posted: 10:34:59 06/27/11 Mon

Qantas valuation cut by Goldman Sachs Thursday 9/6/2011 from 3.32 to 2.76.
Myer Australias largest Stocktake sale started Wednesday 8/6/2011.
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Qantas demonstrated volatility at its lows on Wednesday 22/6/2011 (Alice and Paul student work experience social awareness week)==reaching a high of 1.89.
Alice was wearing a Maple Leaf T shirt==re Canada 1/7/1867.
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Big Issue was first sold on the streets of Melbourne Sunday 16/6/1996==editorial Anniversary edition==picture Gloria Gaynor==like her we have survived.
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In American timings.
The S&P500 held its 200 day moving average support line of 1250 (official reason for downswing from Monday May 2nd==Greece worries amongst other things)
on Thursday June 16th 2011==it's low==1,258.07 (second lowest figure for 2011==only lower figure Monday 3/1/2011==1257.62)
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Nasdaq.
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Lowest point for Nasdaq 2011 Thursday 16/6/2011=2.599.86
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Dow Jones Index
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Thursday 16/6/2011==low of 11,821.96==(before this low the lowest point for 2011 was Monday 10/1/2011 of 11,545.87)
(start USA earnings season Alcoa)
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Australia.
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The lowest point for ASX200 for 2011 occured Monday 20/6/2011==expiry of Ringo Rocks (effective 7/6 (homeless headcount) to 20/6==vendor Kyra MLB==issue 382==back cover Odyssey House)
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The lowest point for All Ords also occured Monday 20/6/2011
it's low was 4.512.50
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Qantas.
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The lowest point for Qantas occured Thursday June 23rd 2011 it was 178 (CFD close 179.2)
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Since Thursday June 16th 2011==the lows hae been higher on US markets and similar story in Australia.
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Qantas made a low of exactly 1.80 on the first business day of new financial year, the 1st day of a business diary Monday 27/6/2011.
Myers Biggest Stocktake sale on==Toy sale level 3==Elixur being advertised==previous it was Sheseido.
Tutankhamon exhibition flags up Bourke Street Mall==Melbourne Museum Nicholson Street Melbourne
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The lows for US markets and Australian markets occured during the promotion in media of Homelessness/Good causes.
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Oil in its cycle plunged to 4 month lows.
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A number of brokers given valuations for Qantas, the lowest being 2.30==NTA as at its last half yearly profit report Thursday 17/2/2011 (Banjo Patterson 1864==10 dollar note)
gien as 2.35, previous to that figure it was 2.25)
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The themes and stories in the Big Issue magazines were as usual during this period reflected in the mainstream media.
Chaos punters etc

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