howdy S-chatters..new to this forum..been reading here for about 4 months....trading on and off for 8 years...mainly alsi, intnl indices..comms
i am impressed by the ability of some of the traders here to simply just go long...and indeed with rand weakness jse must price higher with the high comm bias in the alsi...and coupled with a hyper-inflationary world money supply, going long has been the only game....'earnings' however are only due to worldwide money stock increments...not real economic expansion..but indeed markets go up and up....the US futures are simply pushed higher by a third force it seems.
indeed i have suffered being mostly short....
what interests me looking forward is like just before 2008/2009 I also saw mostly long traders ride the curve not understanding what a collapse could do to their accounts and those that do not understand bear markets...
i wonder what percentage here are familiar with short trading? before 2009 90% of traders I Knew hardly understood shorting...
but also the funny thing is theoretically these third forces with money printing could simply keep buying every dip in the DOW to bolster false stock market levels..
anyway good luck to us all...and nice to be here...for now.
PS - here's a strange thing...if anyone else has noticed gimme a shout...within any 1 hour period on the alsi...the market will always, almost without fail, be at the following levels xx330 or xx660 or xx830.
Looks to me like the roof is going to blown off?!!
