31 votes
Sage
Posted 29 January 2014 - 02:54 PM
Just becareful with the ALSI, it might be a dead cat bounce.
Pump and Dump, HS forming.
Pump and Dump it was.
Could be todays scenario after FOMC
SA interst rate will also be interesting for the ALSI and Rand.
India Hiked
Turkey Hiked
Lets see if Marcus chickens out. If she hikes rates, sell ALSI until the sun don't shine no more.
Retail stocks will tank. Consumers will suffer.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Artist
Posted 29 January 2014 - 02:04 PM
Possible inverted H&S..could still work on the right shoulder!
If this fails then new lows...
A
"Never never never give up!"
Sage
Posted 29 January 2014 - 01:49 PM
Oh pleezzz, now the 1h is also winking at me to 40900.
That 1D BBL precariously hinted at me again. Wondering if I should trade it... hmm hmm hmm.
My take, if 41300 (J200) fails, why not!
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
Sage
Posted 29 January 2014 - 01:46 PM
That 1D BBL precariously hinted at me again. Wondering if I should trade it... hmm hmm hmm.
My take, if 41300 (J200) fails, why not!
if she fails at 600 again u might be right
Edited by Lekkerry, 29 January 2014 - 01:47 PM.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Little Master
Posted 29 January 2014 - 01:44 PM
if she fails at 600 again u might be right
keep the RS in the back of your mind...
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Sage
Posted 29 January 2014 - 01:38 PM
What is the chance that ALSI gives up all its gains of today?
edit: it is doing so as me thinks it!
Edited by Lekkerry, 29 January 2014 - 01:40 PM.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Little Master
Posted 29 January 2014 - 01:23 PM
my orders are getting filled and closed like clockwork today 
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Sage
Posted 29 January 2014 - 01:03 PM
Edited by Ninja, 29 January 2014 - 01:03 PM.
Master
Posted 29 January 2014 - 12:38 PM
Sorry for late post: Cut my shorts from 42100 at 41400 this morning.
Need to take profit quicker, this bull is not dead yet!
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Sage
Posted 29 January 2014 - 10:24 AM
IG CASH
The Artist
Posted 29 January 2014 - 10:15 AM
Whenever the market hits you hard one can only learn out of it, the below quote comes to mind, very important and one I let slide...
"Don't trust your own opinion and back your judgment until the action of the market itself confirms your opinion." ~ Jesse Livermore Trading Rule
Markets rarely makes important tops in January and with the TOP40 having the tendancy to put in highs in February that 43300 can come much quicker than one think, this bull (on its last breath) is still alive and my perfect scenario will be a low this week with a massive run and top into the 11th Feb (to finish off the top pattern)... and only then for the real downside action to begin into August!(4/7 year cycles low)
I am clinging on to my longs like a monkey to a banana..don't think the FED wil let this slide go on for much longer!Turn of the tide is near.....
A
I like the reversal candle on the dailies together with seasonality turning bullish think February going to be rocking (the Green Express that is)!But usually also a month the TOP40 puts in a significant top....
A
"Never never never give up!"
Little Master
Posted 29 January 2014 - 10:08 AM
It's the 3rd or 4th time now. Wish there was a default setting. IG!??
if you trade from the charts on IG and you tick Force Open once it stays ticked until you close the chart. It is also fairly easy to trade from the chart in my opinion. my 2c
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Advanced Member
Posted 29 January 2014 - 10:05 AM
Tencent: Some or other regulatory approval (China) going through finally. Trading at a PE of 61. Amazon, Netflix, Twitter, FB, Baidu, etc. all trading/traded at much higher multiples. No logic, just greed.
Sage
Posted 29 January 2014 - 09:52 AM
Advanced Member
Posted 29 January 2014 - 09:49 AM
To say NPN is a bubble, i like saying google is a bubble.
Sage
Posted 29 January 2014 - 09:45 AM
Agreed. It has become an absolute bubble stock. Where do you see it falling too now?
To say NPN is a bubble, i like saying google is a bubble.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 29 January 2014 - 09:43 AM
Just becareful with the ALSI, it might be a dead cat bounce.
Pump and Dump, HS forming.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Advanced Member
Posted 29 January 2014 - 09:43 AM
Get ready to reload em NPN shorts... Retest of support line which was broken
Ten cent trying to retake previous high... Watch closely
Master
Posted 29 January 2014 - 09:39 AM
It really is a pain in the butt but I click on force open on every position I open. I just got gatvol of losing money that way
It's the 3rd or 4th time now. Wish there was a default setting. IG!??
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Sage
Posted 29 January 2014 - 09:38 AM
Edited by Ninja, 29 January 2014 - 09:42 AM.
