35854 replies to this topic

[AJS]

Can't see how today's (or even the next few) jobless claims should matter at all.

[fabes]

Can all the bears please start buying the Alsi, so we can get a lift off. I do not wanna sit here whole day.

[zoner]

Gold Mining getting close to that sub 1000 mark! Currently @ 1007.

[Argento]

nice one Argento those longs looking good got a target 40000 (cash) or u gonna hold into jan, 

Holding into Jan, seasonals should push us for new highs, then short as it should create negative divergence on the weeklies!

 

Check the bullish engulfing in the works on the weekly chart....very bulllish!

 

A

[Lekkerry]

I was thinking the same thing, US$75bill is still plenty of support.

 

75$b that is still flooding the market, the bullmarket continues!

 

[franky]

nice one Argento those longs looking good got a target 40000 (cash) or u gonna hold into jan, 

[Argento]

Keep your longs, charts say up and away..especially with futures close-out tomorrow!

After a good surge rest of December into Jan should be very dull grinding higher!

Is bouncing against her hourly 89, once broken should rally!

A

Rather sell the rumour buy the fact!

 

Copper is breaking out to the upside (inverted H&S) from a long limbo state so that should tell you the economy is picking up, that is a good thing and FED is seeing that!

 

As I said before, 10$bil won't make any difference to the 75$b that is still flooding the market, the bullmarket continues!

 

Charts did show it, is now above her 21 and 89 daily that is bullish, trade what is in front of you!

 

Aussie market (ASX) closed strong, so should we!

 

Sitting tight till second week into Jan!

 

A

Edited by Argento, 19 December 2013 - 09:03 AM.

[Lekkerry]

Stop speculating, all of you!

 

Just enter a long and sit! 

[JBlack]

Classic buy the rumour sell the fact. Last night US and then Asia bought in a lot to push everybody up. But today might be the "sell the fact" part. All futures are red and the market might drop quite a lot today.

 

Bear in mind Europe might spike a little this morning as their spike last night came after hours. Thus the real market might want some of the action first before selling the fact.

 

I will wait until around 11h00 (hour after Europe open) before entering more trades. Let the chaos happen first and then let the market settle as it wants to....

[AJS]

What a gap open it is! 

[AJS]

Damn right! Logic doesn't seem to apply to trading these markets. That's why women should make to best traders, huh??!

 

Hahahaha! 

[BBW]

 

But I am trying to reason through this logically (which is my problem).

 

 

Damn right! Logic doesn't seem to apply to trading these markets. That's why women should make to best traders, huh??!

Edited by BBW, 19 December 2013 - 08:10 AM.

[davidp13]

Excluding the Nikkei, the other eastern markets seem to be under control....surely IGM must come down. How in the world can we open at these levels?

 
Well, there is some merit to a higher opening here in the RS-of-A. Billies up > 2% down under for instance. Guess we'll definitely open with a gap close up at 39600. From there on... who knows.     (although I bet Sunesis has the right answer!    )

An opening drop is imminent I suspect, but it will be very very quick and then our market needs to catch up and really close the gap...again (not the way IG did)

If you dont want to miss out put in one or two orders between 39250 and 39500 with SL maybe at 39000. Look if it hits it and goes south well AJS I hope those bolts are loose and you ready to through the sink at a big short...

Just my thoughts...

[AJS]

Excluding the Nikkei, the other eastern markets seem to be under control....surely IGM must come down. How in the world can we open at these levels?

 

Well, there is some merit to a higher opening here in the RS-of-A. Billies up > 2% down under for instance. Guess we'll definitely open with a gap close up at 39600. From there on... who knows.     (although I bet Sunesis has the right answer!    )

[Plasma]

Well this has really fct me. For the life of me I cant understand why we are rallying this hard.

Yeah.... I am baffled as well. I know Sunesis pointed out that, well, yes, this is still a bull market. But I am trying to reason through this logically (which is my problem). I think the dovish comments that sugar coated the tapering had a more pronounced effect. Low interest rates for at least another 2 years or so... Inflation of 2% to become the main driver, not necessarily unemployment any more etc. etc.

Excluding the Nikkei, the other eastern markets seem to be under control....surely IGM must come down. How in the world can we open at these levels?

[AJS]

Well this has really fct me.
For the life of me I cant understand why we are rallying this hard.

 

Yeah.... I am baffled as well. I know Sunesis pointed out that, well, yes, this is still a bull market. 

 

But I am trying to reason through this logically (which is my problem).

 

I think the dovish comments that sugar coated the tapering had a more pronounced effect.  Low interest rates for at least another 2 years or so... Inflation of 2% to become the main driver, not necessarily unemployment any more etc. etc.

Edited by AJS, 19 December 2013 - 05:50 AM.

[Beorn]

Well this has really fct me.
For the life of me I cant understand why we are rallying this hard.

[joker]

Great profit bear.

It's times like this I wish I had IG. Holding a locked position overnight on standard bank was far too risky.

[RBM]

Nice R.

Sent from my GT-P3100 using Sharenet Sharechat mobile app

Well done !!!

[AJS]

Ajs i trade mini contracts my average buy on 10 contracts is 38700

 

Wow, nice man.