35854 replies to this topic

[Argento]

Interesting VIX chart showing how VIX might be bottoming out.

Thanks for the chart AJ...interesting!

 

Enjoy your holiday K

 

A

[farouk]

Last night there was an uptick of 239,000 call options on the US markets.

I expect the US to make new highs.

The Alsi is tired and hence overdue for a correction.This pullback will be buyable for more upside to new highs.

 my 2 cents.

[K~~]

Going on holiday. I'll be off the radar until after Easter. 

 

Prosperous trading!

 

K

[OceanWalz]

goooood Morning everyone! could not find off -topic for this Friday 'Eish!' laugh:

 

 

 

[AJS]

Interesting VIX chart showing how VIX might be bottoming out.

[Argento]

Positive divergence already showing so the Express will soon depart again for new highs....toot toot! 

 

A

Edited by Argento, 03 April 2014 - 05:30 PM.

[RBM]

43400 support line is now broken below 43200 and the uptrend will be done as well !

[Godfather]

If DOW goes nowhere tonight are we in for another Red Day tomorrow?

[Sunesis]

Wow... US markets really shooting the lights out.... Up a whole 0.2%

The Dow is at a staggering 0% YTD gain for the year

 

LOL

[RBM]

going for 43200

[gannet]

April is a seasonally strong month for the ALSI.

 

I'm slowly building my short position, in anticipation of the return move in May/June/July. I've found that gradually building up a position works better for me than to go all in at once. That way, when the drop happens, you are already in and can happily sit back and watch the Bulls squirm... 

 

Also when averaging up you need a smaller correction to start making green..

 

I'll only get concerned when she goes above 45000. Sleepless nights will follow at 45500...

 

K

 

PS. This strategy is unconventional and not recommended for outsized positions or small accounts! Money management is key! DO NOT SAY THAT YOU WERE NOT WARNED!

 

I agree with you. I so the same ... but ... I think this old bull is going to run past mid April

[Ninja]

Wow... US markets really shooting the lights out.... Up a whole 0.2%

[Playa]

April is a seasonally strong month for the ALSI.

 

I'm slowly building my short position, in anticipation of the return move in May/June/July. I've found that gradually building up a position works better for me than to go all in at once. That way, when the drop happens, you are already in and can happily sit back and watch the Bulls squirm... 

 

Also when averaging up you need a smaller correction to start making green..

 

I'll only get concerned when she goes above 45000. Sleepless nights will follow at 45500...

 

K

 

PS. This strategy is unconventional and not recommended for outsized positions or small accounts! Money management is key! DO NOT SAY THAT YOU WERE NOT WARNED!

 

Thank You K'!!

 

The strategy makes sense, 

[Vertebrae]

Sniffed...

Fib into topping extension of wave 3 of 5

April can bring wave 4 - significant falls in equities, with momentum returning to gold (higher low)

But hopefully not before T40F 45000

 

[RBM]

April is a seasonally strong month for the ALSI.

 

I'm slowly building my short position, in anticipation of the return move in May/June/July. I've found that gradually building up a position works better for me than to go all in at once. That way, when the drop happens, you are already in and can happily sit back and watch the Bulls squirm... 

 

Also when averaging up you need a smaller correction to start making green..

 

I'll only get concerned when she goes above 45000. Sleepless nights will follow at 45500...

 

K

 

PS. This strategy is unconventional and not recommended for outsized positions or small accounts! Money management is key! DO NOT SAY THAT YOU WERE NOT WARNED!

Agree, best strategy !

[Sunesis]

April is a seasonally strong month for the ALSI.

 

I'm slowly building my short position, in anticipation of the return move in May/June/July. I've found that gradually building up a position works better for me than to go all in at once. That way, when the drop happens, you are already in and can happily sit back and watch the Bulls squirm... 

 

Also when averaging up you need a smaller correction to start making green..

 

I'll only get concerned when she goes above 45000. Sleepless nights will follow at 45500...

 

K

 

PS. This strategy is unconventional and not recommended for outsized positions or small accounts! Money management is key! DO NOT SAY THAT YOU WERE NOT WARNED!

This is exactly what i am doing.

There is so much hype about record highs, that it's bound to fail

[Sunesis]

I know that the Flashboys (Michael Lewis) book has been mentioned in here recently - I recently picked up a copy of it, and am finding it riveting, and have subsequently been researching / googling around the topic.

This debate on the role of High Frequency Trading seems to be something which is really heating up  (see http://video.cnbc.co...ideo=3000263252 ) and it appears has sparked Federal interest.

 

My question to the experts here is whether perhaps this debate will be catalytic or instrumental to the technically predicted downside in coming weeks / months?

 

In short, I think this amounts to a threat to the healthy lunch that is being eaten by phantom traders, not individual / retail / institututional investing, as I'm sure most of us believe it should be, and this could lead to a phenomenon of distrust in financial markets, a correction in equities, and flight to the likes of precious metals, property. Confidence to be slowly built back up led by a new era of 'level playing field.

 

THoughts?

This market has been rigged since it started.

The is nothing that the HFT are doing that was not done before in the trading pits.

 

Computers are just faster. It's like F1 racing cars, those cars have all the technology to  assist the driver. They don't call that a rigged sport

 

Just because computers are faster does not mean systems are rigged. You just need to adapt to the changing times.

 

Watch this docie

[Roundtree]

Bono summed it up well when he said, "It's A Beautiful Day"

 

Don't let it get away.

[K~~]

Just out if interest... Those that are currently shorting SA40 long term, what are your stop losses? Thanx

 

April is a seasonally strong month for the ALSI.

 

I'm slowly building my short position, in anticipation of the return move in May/June/July. I've found that gradually building up a position works better for me than to go all in at once. That way, when the drop happens, you are already in and can happily sit back and watch the Bulls squirm... 

 

Also when averaging up you need a smaller correction to start making green..

 

I'll only get concerned when she goes above 45000. Sleepless nights will follow at 45500...

 

K

 

PS. This strategy is unconventional and not recommended for outsized positions or small accounts! Money management is key! DO NOT SAY THAT YOU WERE NOT WARNED!

[Godfather]

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.25%, 0.75% and 0.00% respectively.

The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.