35854 replies to this topic

[Argento]

A..That would be too easy..There has to be one more Hoorah. Market tops never end like this and there is normally always an uber rally..Iv still got dibs on hitting the 44800 on your futures (44600 Cash). You are discounting a very strong seasonal week? I think we might start the uber rally at 650CASH again.

The big tops come like a thief in the night..your weekly macd has turned down so difficult to see that uber rally from here!

 

Cycles is a funny thing...it just takes hold without cause, this top just my opinion and I can be wrong!

 

A

[delta66]

i'm short again 43816..no idea how long i'm going to keep it though

[TheImposter]

Still long. Needs to break 43600 for me to go short.

[Argento]

Yo O,

 

Macd's just too bearish and with that cycle top this week mr market normallys puts it in earlier than you expect..like I told agent K this double top should push her down more and break the uptrend line giving the bears the upperhand!

 

Don't think the Putin factor is going away soon so who would have guessed that would be the catalyst kicking off the Kress cycle!

 

Going to take a break from trading for a while and just let my shorts run...June should be zig zag but the ultimate mini crash should be in August when QE3 ends!

 

A

Last one from me...

 

First target is the 42800ish zone, should then see a bounce to possible form the right shoulder of a H&S that should kick off the run down!

 

Happy trading

 

A

[Roundtree]

Order waiting: 6 long @ 44035. Target 44385

 

Happy days.

[Argento]

and now A!?

thought you were  waiting for uber Thursday and Friday  moves (hoping for out and top of BBand before putting on THE BIG Short) and what about that uber last spike to 4500+T40F / S&P1900/23 ??--   with Ukraine supsets and dearth of new buyers on S&P500 to catch ball and  carry it over 1900 I can understand your view - just surprised ---- wishing you good luck ahead of a crowded short pile in 

Yo O,

 

Macd's just too bearish and with that cycle top this week mr market normallys puts it in earlier than you expect..like I told agent K this double top should push her down more and break the uptrend line giving the bears the upperhand!

 

Don't think the Putin factor is going away soon so who would have guessed that would be the catalyst kicking off the Kress cycle!

 

Going to take a break from trading for a while and just let my shorts run...June should be zig zag but the ultimate mini crash should be in August when QE3 ends!

 

A

[Argento]

Welcome to the short side!   Still holding mine from 44400 and 44424!

 

K

Your strategy paid off..well done!

 

Got a hunch and normally goes with it, think seasonals have already taken over and should start the journey south from here....this mini double top (again) should push her through the uptrend line and confirm the ending diagonal, just don't see new highs again from here for quite a while...macd's is lekke bearish!

 

Hanging up my long shoes for now...just going to sit on these and add more shorts going lower....!

 

A

[K~~]

Cutting my longs here for a 800 point move and going short with the kitchensink, me thinks TOP40F biiiiig top is in....!!

 

A

Welcome to the short side!   Still holding mine from 44400 and 44424!

 

K

[OceanWalz]

Cutting my longs here for a 800 point move and going short with the kitchensink, me thinks TOP40F biiiiig top is in....!!

 

A

and now A!?

thought you were  waiting for uber Thursday and Friday  moves (hoping for out and top of BBand before putting on THE BIG Short) and what about that uber last spike to 4500+T40F / S&P1900/23 ??--   with Ukraine supsets and dearth of new buyers on S&P500 to catch ball and  carry it over 1900 I can understand your view - just surprised ---- wishing you good luck ahead of a crowded short pile in 

Edited by OceanWalz, 06 May 2014 - 09:26 AM.

[bear catcher]

Great stuff Delta, risky trade but if you have the balls for it the reward is just great. Argento i concur first short in at 43910 GO BEARS!!!

[Argento]

Cutting my longs here for a 800 point move and going short with the kitchensink, me thinks TOP40F biiiiig top is in....!!

 

A

[delta66]

out 43900/130 points...easy money!

[CPvanWyk]

Closing my longs here for good profit. Will wait now for short higher up in the week.

[delta66]

couldn't resist adding again 43685 now in avg. 43770

show me the money!

[Shortboy]

ECB press conference is only around 14h30 our time...I therefore have enough time on Thursday morning to adjust my directional exposure should I feel the need to do so. Until then I am as flat as a bat...

Good stuff. Am still....just saying..

[Zero Hedge]

Yip, Thursday morning. Don't under estimate a reactive move in the ALSI40. It was over 500 pts up in 2 or 3 seconds the last time...not a good situation for shorts whose stop losses got wiped out only for the index to quickly return back to normal...just saying.

ECB press conference is only around 14h30 our time...I therefore have enough time on Thursday morning to adjust my directional exposure should I feel the need to do so. Until then I am as flat as a bat...

[Shortboy]

ECB meeting is on Thursday as far as I know. Will be surprised if anyone buys our market aggressively tomorrow given the situation in Ukraine and the fact that we are closed for election on Wednesday. Also market knows Draghi is all talk and no action.

Yip, Thursday morning. Don't under estimate a reactive move in the ALSI40. It was over 500 pts up in 2 or 3 seconds the last time...not a good situation for shorts whose stop losses got wiped out only for the index to quickly return back to normal...just saying.

[Zero Hedge]

I hope we can finish above 1884..Strongly, Else  im outta my longs! Won't sleep easy with a long overnight..Not with whats happening in Ukraine.But  the ECB meeting is keeping me interested. Maybe with our markets being closed on Wednesday guys might want to get in tomorrow in anticipation?

ECB meeting is on Thursday as far as I know. Will be surprised if anyone buys our market aggressively tomorrow given the situation in Ukraine and the fact that we are closed for election on Wednesday. Also market knows Draghi is all talk and no action.

[Shortboy]

I hope we can finish above 1884..Strongly, Else  im outta my longs! Won't sleep easy with a long overnight..Not with whats happening in Ukraine.But  the ECB meeting is keeping me interested. Maybe with our markets being closed on Wednesday guys might want to get in tomorrow in anticipation?

You had another good day today GB. if you are now sweating about a long position, you are just being greedy. ECB has made it clear that the risk of deflation is not an option and will be their trigger for Euro QE and negative interest rates on deposits. Just go with your gut. So far its proved you right....time and again....

[Plasma]

S&P getting some legs - that was a long wait - hope it is sustained 

 

Hmm 60 min chart shows resistance - going to walk the dog now ...