35854 replies to this topic

[AJS]

Plasma, not sure if this is will help?

 

IMO gold has no influence on the J200 because the combined weight ot ANG and GFI is only 1.9% of the index.

 

Yeah, I agree.  ANG is currently the only gold counter in the TOP40 as well.

[Mhlato]

The gold index rose over 5% today....not sure what the correlation/relationship is between ZAR and the gold index. 

 

Plasma, not sure if this is will help?

 

IMO gold has no influence on the J200 because the combined weight ot ANG and GFI is only 1.9% of the index.

Attached Files

•  $ ZAR J200.png   43KB   17 downloads

[davidp13]

how can this be good????

 

[Plasma]

Tomorrow should be interesting. A sea of red in foreign markets and a weak ZAR. Tug and pull.

The gold index rose over 5% today....not sure what the correlation/relationship is between ZAR and the gold index. If we do not see gold contributing again tomorrow like today, and if east shows red, then perhaps more light for shorts....however, east still closed green today after the lower PMI data. Question is then why east would be red tomorrow? Could be following US, but US is reacting to China PMI, or so they say. We turned red towards end and after 1700, due to US markets being red, I believe. So, me have no position now, waiting for over night developments and trading tomorrow's reality. Me stupidly gave back 225 points today.....had a short mentality at one stage just before the breakout to the top. Overall walked away with 90 points profit.

[davidp13]

Hi A, what do you think about the ALSI seasonal daily factor with 31 st  Dec being normally very green and the S&P and NSDQ very green the first two days after new year?

but I agree that the S&P is currently very over extended not that it cant go more overextended - Your thoughts?

 

( I seem to be unable to attach or paste in line the graphic showing the very positive seasonal two days after new Year I just mentioned)

The first day for the S&P, DOW and NSDQ not really what most expected...sea of RED by almost 1% and in order to go GREEN they need one massive push and I highly doubt that will happen. S must be smiling right about now cause his short is coming into play about now. 

[AJS]

Tomorrow should be interesting. A sea of red in foreign markets and a weak ZAR. Tug and pull.

[AJS]

anyone trading?

 Still short...

[davidp13]

anyone trading?

[K~~]

Hi K and Argento - Sorry about your loss A, - amazing how logic can be defied by this market 

about the currency beast - assuming Monday when the big players back behind the desks bring the S&P and FTSE too I presume down to a more reasonable level - would we not too take a serious dip even with poor ZAR ??

 

The time is ripe for some pullback on profit taking, Ocean. The size of that will depend on a number of things, but the ZAR is a big factor.

 

The round number of 41000 is a natural level, and below that 40200 is also a possibility.

 

Let's hope there's some relief for the shorts!

 

K

[davidp13]

Carefull guys...IG cash I reckon will reach 42800 minimum come 15th January 2014!!
 
That's another 1500 points up!!

I'm done, good call HDB!
 
I just don't learn my lessons....never short if you are not sure!
 
I'm out for a while guys!
 
Happy trading!

A

A come back come back...something seems to be happening here.

[AJS]

It better im short from 42050. US should drag us down and if not while they are plummeting then im going start moving my money over the big blue.

 

It is crazy... I went over to the UK in April. Back then the Pound was still around 12.70-ish.... It is just amazing.  

[davidp13]

I cannot complain about my trading today, but have now decided I really dislike the ALSI. Almost every market is red and we go up almost 1%!!! Plus now we fall like a drunk man on a binge!!!

 

Yeah, it is just insane. It is because of our freakkin currency that is so worthless. FML!  Hopefully the IG afterhours can pull is down?

It better im short from 42050. US should drag us down and if not while they are plummeting then im going start moving my money over the big blue.

J200

[davidp13]

I cannot complain about my trading today, but have now decided I really dislike the ALSI. Almost every market is red and we go up almost 1%!!! Plus now we fall like a drunk man on a binge!!!

 
Yeah, it is just insane. It is because of our freakkin currency that is so worthless. FML!  Hopefully the IG afterhours can pull is down?

It better im short from 42050. US should drag us down and if not while they are plummeting then im going start moving my money over the big blue.

[AJS]

I cannot complain about my trading today, but have now decided I really dislike the ALSI. Almost every market is red and we go up almost 1%!!! Plus now we fall like a drunk man on a binge!!!

 

Yeah, it is just insane. It is because of our freakkin currency that is so worthless. FML!  Hopefully the IG afterhours can pull is down?

[davidp13]

I cannot complain about my trading today, but have now decided I really dislike the ALSI. Almost every market is red and we go up almost 1%!!! Plus now we fall like a drunk man on a binge!!!

[AJS]

Took a short at 42300 (Investing.com).

[OceanWalz]

Hi K and Argento - Sorry about your loss A, - amazing how logic can be defied by this market 

about the currency beast - assuming Monday when the big players back behind the desks bring the S&P and FTSE too I presume down to a more reasonable level - would we not too take a serious dip even with poor ZAR ??

[Redeemer]

It's hard to make money from shorts

[K~~]

I'm done, good call HDB!

 

I just don't learn my lessons....never short if you are not sure!

 

I'm out for a while guys!

 

Happy trading!

A

 

 

One cannot fight two Beasts at once. ZAR has really thrown a spanner in the works here!

 

Hope to see you back fighting soon!

 

Go have that dop! Just not on me this time..  

 

K

[Mad Max]

I'm done, good call HDB!

 

I just don't learn my lessons....never short if you are not sure!

 

I'm out for a while guys!

 

Happy trading!

A

sorry to hear that man. Hope you come back rocking !