31 votes
Master
Posted 24 February 2014 - 07:41 PM
Jip, still the only game in town.
U have to follow the money, even if it is heading for big trouble, just have to be out before it hits.
I think had our market still been openthen this up move on S&P500 ,now 1858 , then we would have that uber push on the T40F's past 43k say to 43200 to even 43500+
am long too but if S&P bend down at close then we might not go >43k ++
The Oracle
Posted 24 February 2014 - 07:09 PM
Well done Jakes sculpmaster.Yip long is the game atm.Just have to be ready to change as the down correction is gonna be a big one imo. US flying but very overbought.I think the drop will start with the US and that will give us time to adjust but for now long and patient.
Alsi future
I only post my views, not advice
Sage
Posted 24 February 2014 - 07:07 PM
IG CASH
The Oracle
Posted 24 February 2014 - 05:01 PM
I have a target of 42860 to close this long.
Haha, as I was typing.
I'm back in long @ 42801 for the after market pop
Alsi future
I only post my views, not advice
The Oracle
Posted 24 February 2014 - 04:34 PM
Added some more Alsi long @ 42794
A, was that meant for me? With taming the beast?
I want this beast to stop breathing for a while. It's just steaming through all news.
I have a target of 42860 to close this long.
Haha, as I was typing.
Edited by Jakes, 24 February 2014 - 04:35 PM.
Alsi future
I only post my views, not advice
The Artist
Posted 24 February 2014 - 04:22 PM
Added some more Alsi long @ 42794
A, was that meant for me? With taming the beast?
I want this beast to stop breathing for a while. It's just steaming through all news.
More the live prices on Investing.com but HDB got his answer!
Ye, she is strong...but think a last 500 push and then that sale will kick off!
A
Edited by Argento, 24 February 2014 - 04:22 PM.
"Never never never give up!"
Sage
Posted 24 February 2014 - 04:13 PM
Would it be a fair assessment: ALSI J200 is fatigued!? at the 43000 level (J200)
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
The Artist
Posted 24 February 2014 - 04:05 PM
Another scenario....I like scenarios but let the price show us!
A
Edited by Argento, 24 February 2014 - 04:06 PM.
"Never never never give up!"
The Oracle
Posted 24 February 2014 - 04:04 PM
I'm still long Alsi and China.
Just opened a position, long GBP against ZAR
Added some more Alsi long @ 42794
A, was that meant for me? With taming the beast?
I want this beast to stop breathing for a while. It's just steaming through all news.
Alsi future
I only post my views, not advice
The Oracle
Posted 24 February 2014 - 03:12 PM
Yip, should be...mine is!Jakes?
Good to have you and your skills more involved in taming this beast!
A
Thanks A...Mhlato pointed me in the right direction. I was using the JSE top 40...Shoulda been using the SA Futures Top 40
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Artist
Posted 24 February 2014 - 03:09 PM
A is investing.com live streaming prices ? Im getting a 15 min delay????
Yip, should be...mine is!Jakes?
Good to have you and your skills more involved in taming this beast! 
A
Edited by Argento, 24 February 2014 - 03:10 PM.
"Never never never give up!"
Sage
Posted 24 February 2014 - 02:32 PM
ZAR taking a beating against the GBP again, and keeping us propped up.
I am opening a long on China A50 Cash on IG, which I hate doing but it is the only way I can open a position on China.
Going to leave it till tomorrow.
I'm long Alsi @ 42800 also (Lets try again)
I also bought China A50 6640 is my price.
That is a good risk reward ratio trade. It could also be a long term trades. Just play big on it.
We could easily get a double bottom on that trade, then get a 10-15% rally when the bull starts coming back
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Oracle
Posted 24 February 2014 - 02:31 PM
ZAR taking a beating against the GBP again, and keeping us propped up.
I am opening a long on China A50 Cash on IG, which I hate doing but it is the only way I can open a position on China.
Going to leave it till tomorrow.
I'm long Alsi @ 42800 also (Lets try again)
I'm still long Alsi and China.
Just opened a position, long GBP against ZAR
Alsi future
I only post my views, not advice
Sage
Posted 24 February 2014 - 02:22 PM
Global QE, seems like the Central bankers want to place a joint QE
This can start a secular bull.
"the G20 meeting ongoing in Sydney, were a further $2trillion has been pledged to underpin global economies – long live QE! Finance ministers and central bankers said they would take concrete action to increase investment, boost employment and promote competition in a joint communiqué following a two-day G20 meeting in Sydney. The group accounts for around 85pc of the global economy. “We will develop ambitious but realistic policies with the aim to lift our collective GDP by more than 2pc above the trajectory implied by current policies over the coming five years,” the statement said. “This is over $2tn more in real terms and will lead to significant additional jobs.”
The higher the market goes the more i sell, the secular bull will start after bearish season around July. Betwen April-May its time to sell every rally.
March is very bullish seasonally.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Oracle
Posted 24 February 2014 - 02:15 PM
Investing.com for my charting and Private Wealth (Nedbank) for my trading!
I honestly don't believe the big funds use IG charts due to the overnight streaming, so it would be the JSE pricing = Investing.com....the tape is your nr 1 indicator and better make sure it reflects the correct pivots!
A
A is investing.com live streaming prices ? Im getting a 15 min delay????
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Artist
Posted 24 February 2014 - 02:09 PM
What platform you use A?
Investing.com for my charting and Private Wealth (Nedbank) for my trading!
I honestly don't believe the big funds use IG charts due to the overnight streaming, so it would be the JSE pricing = Investing.com....the tape is your nr 1 indicator and better make sure it reflects the correct pivots! 
A
"Never never never give up!"
Member
Posted 24 February 2014 - 02:00 PM
Yip...my view you can't trust the IG charts at all....not the real 'tape'!
A
What platform you use A?
The Artist
Posted 24 February 2014 - 12:09 PM
IG charts give false high numbers on BB.
Yip...my view you can't trust the IG charts at all....not the real 'tape'!
A
"Never never never give up!"
Master
Posted 24 February 2014 - 11:59 AM
The only thing is, IG 1d chart BBU is now 438##, a long way up, since end of last week's BBUpper.
Is this a IG (extended) chart phenomina, or is the real-world Top40 (J200) also extended now to 438##?
IG charts give false high numbers on BB.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Sage
Posted 24 February 2014 - 11:47 AM
The only thing is, IG 1d chart BBU is now 438##, a long way up, since end of last week's BBUpper.
Is this a IG (extended) chart phenomina, or is the real-world Top40 (J200) also extended now to 438##?
When she hits the top of the daily bollingerband (43450ish) again later this week I am going short...!
US charts also warning on an imminent drop coming....
A
Edited by Lekkerry, 24 February 2014 - 11:48 AM.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
