Within 3weeks you will be smiling. SA40 will touch 200MA.
It will be downhill from here. The bulls will be the sucker this time.
As much as i'm long on day trades, i have shorts placed on key areas of indices.
They are like mines just waiting to explode when the war starts.
I feel sorry for the pension funds which are going to be wiped out soon.
Dont despair, we need this big correction in order to start a secular bullrun
You must just know when to sell or when to buy.
IBM is reporting tomorrow. IBM is a big weight on the Dow.
Bad numbers will start a fire.
Goldman Sachs reported losses last week.
Citigroup losses
Deutche Bank losses
I can't wait for Barclays to report a loss, ten the blood in the streets starts.
It will be a classic 2008 top.But this time it wont be too hectic, but peole will still cry.
The Rand will wipe my @@S.
As i said in December that miners will strike the whole of 2014. South Afica can't afford to keep buying Oil with a weak Rand.
The Trade Balance is pethetic.
Inflation will hit the roof.
The South African recesion has already started. The media are just to slow to report it.
Just my 2c
She can reach 42250. That's where the top of the megaphone structure lies. I really do hope you can hold on, because we're going to touch the 200 DMA, some time in the coming months.
That's 4000 points down from here!
K
Carefull of shorting at 42250. Alsi irrational. As everyone is expected to sell at 42250, buyers will drive up the market from there till they take profit.
"Buy high and sell higher"