
ALSI Trades
#20341
Posted 23 April 2014 - 11:09 AM
Any idee?
Alsi future
I only post my views, not advice
#20342
Posted 23 April 2014 - 11:08 AM
Agree completely. He is one of the greats at this trading thing.
IG SA40
#20343
Posted 23 April 2014 - 10:57 AM
I see Chubby's commodity channel index "bikini top" is forming up nicely on the daily chart for those who might want to consider a short opportunity.
Sadly, I see that Chubby has left the forum. Great pity..
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#20344
Posted 23 April 2014 - 10:51 AM
Back from Easter Holidays.
Sorry for posting after the fact (irregular internet access), but here's what happened:
Closed shorts from 43106, 43600 and 43800 (don't have the will or patience to look for my previous posts) at my preset limit of 42800 - Grand total of 2006 points green!
Current action looks to flush the Bears above the prior highs.
I'll slowly start to build my new short position when the short squeeze is over.
This bull doesn't have long to go! (I'm looking out for the S&P to run out of steam at top of channel - 1907).
Argento, I like your target of 39000! Do you still think we are going to that very low target of 33000? That will be like riding the giant wave at Dungeons!
Prosperous trading
K
I see Chubby's commodity channel index "bikini top" is forming up nicely on the daily chart for those who might want to consider a short opportunity.
IG SA40
#20345
Posted 23 April 2014 - 10:48 AM
Back from Easter Holidays.
Sorry for posting after the fact (irregular internet access), but here's what happened:
Closed shorts from 43106, 43600 and 43800 (don't have the will or patience to look for my previous posts) at my preset limit of 42800 - Grand total of 2006 points green!
Current action looks to flush the Bears above the prior highs.
I'll slowly start to build my new short position when the short squeeze is over.
This bull doesn't have long to go! (I'm looking out for the S&P to run out of steam at top of channel - 1907).
Argento, I like your target of 39000! Do you still think we are going to that very low target of 33000? That will be like riding the giant wave at Dungeons!
Prosperous trading
K
Welcome back agent K and well done on those points...!
Yip, 33000ish TOP40F is my end target for August or October (think we might see a double bottom..), 39000 is where the lower bollingerband of the weeklies should lie and get a playable bounce but just consolidation for the ultimate move down into the cycles low!2 weeks to go.....
A
"Never never never give up!"
#20346
Posted 23 April 2014 - 10:36 AM
Back from Easter Holidays.
Sorry for posting after the fact (irregular internet access), but here's what happened:
Closed shorts from 43106, 43600 and 43800 (don't have the will or patience to look for my previous posts) at my preset limit of 42800 - Grand total of 2006 points green!
Current action looks to flush the Bears above the prior highs.
I'll slowly start to build my new short position when the short squeeze is over.
This bull doesn't have long to go! (I'm looking out for the S&P to run out of steam at top of channel - 1907).
Argento, I like your target of 39000! Do you still think we are going to that very low target of 33000? That will be like riding the giant wave at Dungeons!
Prosperous trading
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#20347
Posted 23 April 2014 - 10:13 AM
IG CASH
#20348
Posted 23 April 2014 - 10:05 AM
IMO
Alsi future
I only post my views, not advice
#20349
Posted 23 April 2014 - 10:03 AM
IMO
Alsi future
I only post my views, not advice
#20350
Posted 23 April 2014 - 09:43 AM
Double bottom target still there, quietly waiting whilst noisy baby bears go broke by shorting too soon...
Well spotted!
Keep that 08th May cycle top date on your radar, once that 45100ish is hit first target down into June...39000, but will just be the beginning of the mini bear market coming to pass!
A
"Never never never give up!"
#20351
Posted 23 April 2014 - 09:40 AM
What is happening with the prices?
I have 2 platforms and neither is showing any action for any shares this morning
#20352
Posted 23 April 2014 - 05:17 AM
Double bottom target still there, quietly waiting whilst noisy baby bears go broke by shorting too soon...
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
#20353
Posted 22 April 2014 - 09:32 PM
*IG SA40 cash*
“melior diabolus quem scies”
#20354
Posted 22 April 2014 - 09:18 PM
so!...no-one with targets on 4400 short term?
“melior diabolus quem scies”
#20355
Posted 22 April 2014 - 08:24 PM
<Insert Jingle>
US: Corporate buybacks still driving indices (director-based bonus greed enabled by cheap cost of money).
Short term yields trending upatad .
Dollar index trying for same.
Real economy data still flat-lining.
Fed resting on increasingly faded laurels.
W(h)ither anon?
Bring on the competent, selfless captains? But wherefore art these figments.
Rem: Inflation (proportional to) cost of money
<Withdraw Jingle>
I assume you have been hanging out with zooms?
IG SA40
#20356
Posted 22 April 2014 - 08:13 PM
<Insert Jingle>
US: Corporate buybacks still driving indices (director-based bonus greed enabled by cheap cost of money).
Short term yields trending upatad .
Dollar index trying for same.
Real economy data still flat-lining.
Fed resting on increasingly faded laurels.
W(h)ither anon?
Bring on the competent, selfless captains? But wherefore art these figments.
Rem: Inflation (proportional to) cost of money
<Withdraw Jingle>
#20357
Posted 22 April 2014 - 06:18 PM
Great Stuff BC!
There is a top to this ALSI somewhere. S&P is at 25X last 10 years average earnings per share. The median is is about 16X. The S&P500 will probably revert back to that median or mean.
I always prefer to be on the short end of things these days especially ALSI40.
I was around in 89, 97/98 and 2000. They proved to be HUGE buying opportunities, like March 2009.
In between, there will be retracements and reversals on ALSI40. I decided a long time ago to reduce the size of my bet and increase the points spread that I could handle=a wider range.
In order not to lose sleep, I also go for a gap type of game. If it looks like it is going up to me I also insure it by taking an opposite position for the same amount after a 100 points or so. Being able to run with a big range of prices has proved to be reasonably successful, so far, but as I said, I'me still learning about day trades, so positions are very small because of my account size.
I reckon I still have at least another 2 years of learning before I will be prepared to up my stake significantly in this business and expect to win realistic sums of money.....consistently.
As for the "long" end of my investment account, that has been converted to cash where possible in the last week or so. Think carefully about your own decisions.
IG SA40
#20358
Posted 22 April 2014 - 06:07 PM
Shortboy strategy working very good wanted to close a nice long trade and go short but instead held onto it for a nice bonus.Now sitting out as my new crystal ball strategy is showing a nice short coming.
Great Stuff BC!
There is a top to this ALSI somewhere. S&P is at 25X last 10 years average earnings per share. The median is is about 16X. The S&P500 will probably revert back to that median or mean.
I always prefer to be on the short end of things these days especially ALSI40.
I was around in 89, 97/98 and 2000. They proved to be HUGE buying opportunities, like March 2009.
In between, there will be retracements and reversals on ALSI40. I decided a long time ago to reduce the size of my bet and increase the points spread that I could handle=a wider range.
In order not to lose sleep, I also go for a gap type of game. If it looks like it is going up to me I also insure it by taking an opposite position for the same amount after a 100 points or so. Being able to run with a big range of prices has proved to be reasonably successful, so far, but as I said, I'me still learning about day trades, so positions are very small because of my account size.
I reckon I still have at least another 2 years of learning before I will be prepared to up my stake significantly in this business and expect to win realistic sums of money.....consistently.
IG SA40
#20359
Posted 22 April 2014 - 05:28 PM
IG CASH
#20360
Posted 22 April 2014 - 05:15 PM
Has everyone stopped trading or is this thread just pissing everybody off
Not at all. How is your "opposite to what I think" strategy working out?
IG SA40