31 votes
Sage
Posted 08 January 2014 - 03:55 PM
Depends which index you are talking about. The Spanish Ibex has been rising at record highs since yesterday.
As i said, my posts are for other indices. SA40 is not with us, it's got mad cow illness.
The rand is getting knocked everyday. The race is on for dollar profits from SA stocks.
Stocks with better diversification will enjoy profits. SA is in a recession.
Was mainly referring to DOW, S&P and TOP40. With my limited knowledge 
Sage
Posted 08 January 2014 - 03:51 PM
IMO US markets might be in a "buy the dip" for now but looks like we are in a "sell the rally" for time being...
Depends which index you are talking about. The Spanish Ibex has been rising at record highs since yesterday.
As i said, my posts are for other indices. SA40 is not with us, it's got mad cow illness.
The rand is getting knocked everyday. The race is on for dollar profits from SA stocks.
Stocks with better diversification will enjoy profits. SA is in a recession.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 08 January 2014 - 03:40 PM
IMO US markets might be in a "buy the dip" for now but looks like we are in a "sell the rally" for time being...
Sage
Posted 08 January 2014 - 03:38 PM
Who knows.... Think taper has sunk in already. SP500 to lift when it opens.
Taper or no taper i don't care. Taper is just a media hype. Those who followed it last year lost money.
Just follow what Goldman Sachs are doing and make money.
So far they have been buying, so i will buy.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 08 January 2014 - 03:35 PM
So which arrow will we follow?
S, are you referring to Top 40 as well? Out of interest? Why you say up?
My mind is with global stocks.
Maybe Top40 will follow.
I still think seasonality has to complete. It will be bumpy ride up until a big correction comes
All the charts are screaming for a big correction., but i prefer to trade against the grain for a while
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Little Master
Posted 08 January 2014 - 03:34 PM
good = bad ? and SP500 Futures fell on news !!! probably expecting hawkish taper news to come ?/?
Who knows.... Think taper has sunk in already. SP500 to lift when it opens.
Master
Posted 08 January 2014 - 03:30 PM
ADP up at 238k
good = bad ? and SP500 Futures fell on news !!! probably expecting hawkish taper news to come ?/?
Sage
Posted 08 January 2014 - 03:26 PM
Member
Posted 08 January 2014 - 03:17 PM
ADP up at 238k
But I'm only a humble student subject to correction.
Little Master
Posted 08 January 2014 - 03:15 PM
This is where I stand...
Close above 410. Close most shorts and take a long.
Close below 410. Keep shorts and smile for the camera.
Little Master
Posted 08 January 2014 - 03:11 PM
Behold the arrow...
So which arrow will we follow?
S, are you referring to Top 40 as well? Out of interest? Why you say up?
Sage
Posted 08 January 2014 - 02:57 PM
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 08 January 2014 - 02:56 PM
Where to S??
All my positions are long on FTSE,DAX,DOW.
I don't trade SA40 anymore
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Advanced Member
Posted 08 January 2014 - 02:25 PM
Behold the arrow...
This is where we're going from here...
Advanced Member
Posted 08 January 2014 - 01:30 PM
Hold on we going home
Sage
Posted 08 January 2014 - 01:18 PM
Out of my shorts $$$
I'm buying now:
Dow 16512
DAX 9480
FTSE 6730
SA40 will be a good buy now, just put 40950 stop
Hold on we going home
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Artist
Posted 08 January 2014 - 12:00 PM
A, I want extra discount. the doors opened late this morning. lol.
U think we will see 41250 again today? Im thinking of taking a call option while keeping my shorts and adding more above 412 if we do get there today. However, I am not sure we will go that far up again. I'm waiting for a break below 411/410.
At this point safest is short. Wouldn't even want to speculate with a long.
VIP members were so drunk we had to clean up first...! 
I suspect the big guys only going to start selling next week, jobs on friday might also keep us afloat, but the slide is coming....best to just sit tight with your shorts!
Looks again like a classic elliot A,B,C correction with leg A down still in motion....
A
"Never never never give up!"
Sage
Posted 08 January 2014 - 11:51 AM
*yawn*
Can everyone just get back from holiday already! Volumes pretty much non-existent again! 
Little Master
Posted 08 January 2014 - 11:43 AM
Cool bananas
When do you see a top in those markets?
A
A, I want extra discount. the doors opened late this morning. lol.
U think we will see 41250 again today? Im thinking of taking a call option while keeping my shorts and adding more above 412 if we do get there today. However, I am not sure we will go that far up again. I'm waiting for a break below 411/410.
At this point safest is short. Wouldn't even want to speculate with a long.
The Artist
Posted 08 January 2014 - 11:12 AM
Just remember that I make most of my judgement on Dow,FTSE and Dax.
SA40 is a secondary market. It has it's own nightmares
Cool bananas
When do you see a top in those markets?
A
"Never never never give up!"
