35854 replies to this topic

[mdma]

Well, if he didn't close it when he had the chance (small loss), he will be weeping now!

But if he didnt I seriously hope he used a stop loss

[mdma]

Big Big Winner - Goes to Mauritius for weekend due to awesome trade skills (luck) !

 

And blows his loot @Le Rocher.

Note to All and a reminder to Myself - never take your credit card to a......

[Trainee Trader]

BBW, did it go high enough this morning for you to get out?

 

Well, if he didn't close it when he had the chance (small loss), he will be weeping now!

[Mad Max]

Big Big Winner - Goes to Mauritius for weekend due to awesome trade skills (luck) !

[mdma]

BBW, did it go high enough this morning for you to get out?

 

NEWS24:  Big Black Woman OD's on sleeping pills

 

NEWS24:  Finger slip leads to death of promising young trader

 

NEWS24:  Traders family sues JSE

 

NEWS24:  Malema vows to fight for slain trader

 

NEWS24:  ANC passes bill to limit liability to JSE

 

NEWS24:  Security camera footage showing trader ODing on sleeping pills removed from You tube

 

NEWS24:  Video of BBW's demise goes viral

 

NEWS24:  Bloomberg TV reports viral video of slain trader as Fake.

 

NEWS24:  Slain trader found to be alive & kicking at his computer on Monday morning

[K~~]

Ag, BBW only intends to close his longs at the end of the 120-YR Kress Cycle, sometime next year

 

LOL! He'd beter not miss that one, it's a long wait till 2134! 

[Redeemer]

Ag, BBW only intends to close his longs at the end of the 120-YR Kress Cycle, sometime next year

 

BBW, did it go high enough this morning for you to get out?

[K~~]

BBW, did it go high enough this morning for you to get out?

[Redeemer]

I like this 'long' opportunity building up

[Pierra]

Euro-Area Economic Confidence Rises as Recovery Takes Hold

Economic confidence in the euro-area increased more than economists forecast in September, adding to signs the single-currency bloc’s recovery is gaining momentum.
An index of executive and consumer sentiment rose for a fifth month to 96.9 from a revised 95.3 in August, the European Commission in Brussels said today. That beat the median estimate of 96 in a Bloomberg survey of 26 economists.
Signs of resurgence in the euro-area economy since it returned to growth in the second quarter after an 18-month contraction have boosted equities, with the Stoxx Europe 600 Index up more than 4 percent in the last two months. Yet Europe continues to struggle with the legacy of the debt crisis now in its fourth year, including falling industrial production and a jobless rate at a record 12.1 percent.
“Measures of confidence and surveys of production have given some support to the view that euro-area economic activity should continue its slow recovery in the current quarter, despite weak production data for July,” European Central Bank President Mario Draghi said on Sept. 23. “However, unemployment in the euro area remains far too high, and the recovery will need to be firmly established.”
Jobless Rate
Economists in a separate Bloomberg survey see economic growth slowing to 0.2 percent in the third quarter after a 0.3 percent expansion in the three months through June. Analysts forecast the jobless rate won’t drop below 12 percent through 2015.
The euro was little changed against the dollar after the data were released, trading at $1.3505 at 11:05 a.m., up 0.1 percent on the day.
Confidence improved across the economic spectrum in September, with the index of industrial sentiment up to minus 6.7 from minus 7.8 in August and the services gauge rising to minus 3.3 from minus 5.2. Confidence in the retail sector increased to minus 7 from minus 10.6.
Sentiment in the financial-services industry, which isn’t factored into the economic confidence number, jumped to 11.3 from 5.2, “driven by a striking increase in managers’ demand expectations, as well as improving assessments of past demand and the past business situation,” the commission said in today’s report.
‘Solid’ Results
Europe’s subdued economic climate is reflected in mixed signals from companies in the region. Some, such as Mota-Engil SGPS SA, Portugal’s largest construction company, are offsetting lower demand at home by expanding abroad.
Mota-Engil Chief Executive Officer Goncalo Martins said Sept. 19 that the company should post “very solid” results for the second half of 2013, with Africa and Latin America accounting for more than 60 percent of revenue.
PostNL NV (PNL) rose the most in two months on Sept. 19 after the Dutch postal operator raised its full-year forecast and announced higher prices for stamps.
Other companies are struggling in a European market just emerging from a record-long recession. Royal DSM NV, which has spent $3.2 billion on nutrition-ingredient acquisitions, said yesterday that 2013 profit may fall short of an initial target, weighed down by stagnant markets in Europe and lower chemical prices.

What is your point exactly? Alsi pulls zap signs to news like that!

[BlythZ]

what the hell was that all about, just crazy

Euro-Area Economic Confidence Rises as Recovery Takes Hold

Economic confidence in the euro-area increased more than economists forecast in September, adding to signs the single-currency bloc’s recovery is gaining momentum.
An index of executive and consumer sentiment rose for a fifth month to 96.9 from a revised 95.3 in August, the European Commission in Brussels said today. That beat the median estimate of 96 in a Bloomberg survey of 26 economists.
Signs of resurgence in the euro-area economy since it returned to growth in the second quarter after an 18-month contraction have boosted equities, with the Stoxx Europe 600 Index up more than 4 percent in the last two months. Yet Europe continues to struggle with the legacy of the debt crisis now in its fourth year, including falling industrial production and a jobless rate at a record 12.1 percent.
“Measures of confidence and surveys of production have given some support to the view that euro-area economic activity should continue its slow recovery in the current quarter, despite weak production data for July,” European Central Bank President Mario Draghi said on Sept. 23. “However, unemployment in the euro area remains far too high, and the recovery will need to be firmly established.”
Jobless Rate
Economists in a separate Bloomberg survey see economic growth slowing to 0.2 percent in the third quarter after a 0.3 percent expansion in the three months through June. Analysts forecast the jobless rate won’t drop below 12 percent through 2015.
The euro was little changed against the dollar after the data were released, trading at $1.3505 at 11:05 a.m., up 0.1 percent on the day.
Confidence improved across the economic spectrum in September, with the index of industrial sentiment up to minus 6.7 from minus 7.8 in August and the services gauge rising to minus 3.3 from minus 5.2. Confidence in the retail sector increased to minus 7 from minus 10.6.
Sentiment in the financial-services industry, which isn’t factored into the economic confidence number, jumped to 11.3 from 5.2, “driven by a striking increase in managers’ demand expectations, as well as improving assessments of past demand and the past business situation,” the commission said in today’s report.
‘Solid’ Results
Europe’s subdued economic climate is reflected in mixed signals from companies in the region. Some, such as Mota-Engil SGPS SA, Portugal’s largest construction company, are offsetting lower demand at home by expanding abroad.
Mota-Engil Chief Executive Officer Goncalo Martins said Sept. 19 that the company should post “very solid” results for the second half of 2013, with Africa and Latin America accounting for more than 60 percent of revenue.
PostNL NV (PNL) rose the most in two months on Sept. 19 after the Dutch postal operator raised its full-year forecast and announced higher prices for stamps.
Other companies are struggling in a European market just emerging from a record-long recession. Royal DSM NV, which has spent $3.2 billion on nutrition-ingredient acquisitions, said yesterday that 2013 profit may fall short of an initial target, weighed down by stagnant markets in Europe and lower chemical prices.

[Pierra]

what the hell was that all about, just crazy

[Beorn]

Well,, there goes that petrol price decrease

With the ZAR @ 10.13 to the $ I cant see that happening.

[Argento]

Target 40700-ish for the push? Possibly 41000? 

Yip, about 800 points from here is my target for taking profit, so 40700ish on IG and 41000ish on investing.com!

 

There is a long term uptrend line around there that should stop her for a while and cause some weakness.

 

Think from there we should grind lower and higher (island style) to bring down the weekly MACD, very overbought and as there is no negative divergence yet she should continue north!

 

A

[K~~]

O man, she is building up for a nice push up coming, should come the 1st...

 

A

 

Target 40700-ish for the push? Possibly 41000? 

[Argento]

the $64 000 question is: 'are we closing on a new high today ' ? Argento, anyone?

Dunno...but I don't expect fireworks till the 1st, Monday should keep us down as well.

 

But rather be in it otherwise gonna miss it!

A

[Pierra]

the $64 000 question is: 'are we closing on a new high today ' ? Argento, anyone?

[Sam]

Should say relative strength...

[Sam]

ZAR getting pummeled this morning; that's the reason for ALSI strength.

[K~~]

O man, she is building up for a nice push up coming, should come the 1st...

 

A

 

Looks like it. She might touch 39700-ish again as springboard for lift-off.