31 votes
Master
Posted 12 March 2014 - 01:19 PM
Starting to buy longs...wave C is normally impulsive and sure looks like this is it!Big rally coming!!
A
With the US open S&P might dip down to 1850, that might trigger our dip to 42350/400-ish.
If that pans out then I'll go long with a S/L around 150...
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Artist
Posted 12 March 2014 - 12:21 PM
On track for the target of 42280ish, possibly by friday!We had wave A, wave B and the last wave C now in motion!
Seasonals are very important in trading, and next week it will show...March is normally bullish and after this dip new highs will come..don't zoom to much in on that wedge as it will disappoint!
Bullmarkets never end on a high momentum top (US chart attached) and with India/miners breaking out to the upside The Green Express will be back next week into April!
A
Starting to buy longs...wave C is normally impulsive and sure looks like this is it!Big rally coming!!
A
"Never never never give up!"
Master
Posted 12 March 2014 - 11:57 AM
Chubby Posted Today, 11:36 AM
Still playing out K?
Yip. Looking good. I'm a bit nervous due to strong seasonals, and with 300 points green atm, I might put it in the bank soon...
K
Edited by K~~, 12 March 2014 - 11:58 AM.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Oracle
Posted 12 March 2014 - 11:40 AM
While I really do love this bearish action, every " analyst and his chart" seems to be short this market, which makes me very uncomfortable.
It does not take much to start a short squeeze.
Hopefully this turns into a long squeeze!
I still need my 1000 pip drop
Alsi future
I only post my views, not advice
The Artist
Posted 12 March 2014 - 10:43 AM
Good call Zoomer!
But don't call the bullmarket top too soon, XLF is not diverging from the SPX yet that means higher highs to come!
Cutting my longs here for a little profit, my target is 42250ish for this drop before going long again!
A
On track for the target of 42280ish, possibly by friday!We had wave A, wave B and the last wave C now in motion!
Seasonals are very important in trading, and next week it will show...March is normally bullish and after this dip new highs will come..don't zoom to much in on that wedge as it will disappoint!
Bullmarkets never end on a high momentum top (US chart attached) and with India/miners breaking out to the upside The Green Express will be back next week into April!
A
"Never never never give up!"
Advanced Member
Posted 12 March 2014 - 10:26 AM
The force is strong in HDB. Good going
Member
Posted 12 March 2014 - 10:18 AM
wow better late than never!!! out! for 123 points!!
same here - 100 points - hour late not to shabby
The Oracle
Posted 12 March 2014 - 10:17 AM
If alll things remin the same as of now we should open at 42600 on ig cash with pound at R18.0761!!!
wow better late than never!!! out! for 123 points!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Advanced Member
Posted 12 March 2014 - 10:12 AM
The force is strong in this one
Master
Posted 12 March 2014 - 09:42 AM
imagine the Rand at R9 to the Pound, R5 to the USdollar and R6.5 to the euro.
it may just be starting..I am long Rand for 2 year trade
Little Master
Posted 12 March 2014 - 09:01 AM
pound now R18.09!!! big support to market!!
yip - look at the charts
http://www.chartuplo...09929624044.png
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
The Wizard
Posted 12 March 2014 - 08:55 AM
imagine the Rand at R9 to the Pound, R5 to the USdollar and R6.5 to the euro.
it may just be starting..I am long Rand for 2 year trade
The Wizard
Posted 12 March 2014 - 08:54 AM
imagine the Rand at R9 to the Pound, R5 to the USdollar and R6.5 to the euro.
it may just be starting..I am long Rand for 2 year trade
The Oracle
Posted 12 March 2014 - 08:45 AM
pound now R18.09!!! big support to market!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Oracle
Posted 12 March 2014 - 08:31 AM
If alll things remin the same as of now we should open at 42600 on ig cash with pound at R18.0761!!!
give this to 9am
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Advanced Member
Posted 12 March 2014 - 08:11 AM
The Oracle
Posted 12 March 2014 - 07:53 AM
Hdb where do you think alsi will open, can you maybe repost that calc. Want to try and work it out.
If alll things remin the same as of now we should open at 42600 on ig cash with pound at R18.0761!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Advanced Member
Posted 12 March 2014 - 07:35 AM
Pachycephalosaurus
Posted 12 March 2014 - 07:34 AM
Next acid test - China Industrial Production tomorrow am with forecat of 9.5%
(Dr Copper expects a miss)
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.
The Wizard
Posted 12 March 2014 - 06:49 AM
hi ninja
ummmm sorry for the late reply, i spent all night searching google for what ..'every analyst and their charts would do at the market TOP if it arrived?....'
ummm it seems like at reaching the top of a mountain, they would short/hedge and ride it all the way down.
i thought a ninja would know that....what do you think?
