35854 replies to this topic

[Lekkerry]

I feel like I am on the wrong side of waiting for a long entry!

[AJS]

Hey AJS, uh-uh! You need to trade at least two trades a month (ALSI) before we can accept your comment as being correct!

 

 

Haha, right on... Made about 5-8 trades last week  

[Lekkerry]

Hey AJS, uh-uh! You need to trade at least two trades a month (ALSI) before we can accept your comment as being correct!

 

 

Should be the final whack down, only base my views on the charts (this time the daily bearish cross, biggest of all)!

 

AJS is correct at implying the news should be good, but we first need to put in that low!

 

A

[Argento]

Thanks Argento. Wow, the charts implying a substantial drop then. (I know it is what the charts say and does not always pan out)

 

My take, sell-offs happen on large volume(s), so one would expect big volumes driving this drop then, but the flip-side is, a fart of a rumour can sky rocket with thin volume. My take is the latter and IF (a big IF) no tapering, then the end of year rally will be amplified with thin volume behind it.

 

I am sitting tightly on my hands until tomorrow. I will go long with a substantial SL, the tricky part is from where and when.

 

All the best for the next big move to all SCs.

Should be the final whack down, only base my views on the charts (this time the daily bearish cross, biggest of all)!

 

AJS is correct at implying the news should be good, but we first need to put in that low!

 

A

[Lekkerry]

Thanks Argento. Wow, the charts implying a substantial drop then. (I know it is what the charts say and does not always pan out)

 

My take, sell-offs happen on large volume(s), so one would expect big volumes driving this drop then, but the flip-side is, a fart of a rumour can sky rocket with thin volume. My take is the latter and IF (a big IF) no tapering, then the end of year rally will be amplified with thin volume behind it.

 

I am sitting tightly on my hands until tomorrow. I will go long with a substantial SL, the tricky part is from where and when.

 

All the best for the next big move to all SCs.

 

 

 

 

Hi L,

 

Got 37780ish IG

 

A

[Argento]

You think it will cross? Maybe bounce? Especially since we might get some good news tomorrow...

Market should give back its gains today and tomorrow is the last day of the red hanger sale!

 

A

[AJS]

 

Don't chase the market higher, bounce is only because of the daily bearish cross, downside to continue soon..

 

Target 38020ish futures (new price)..should come tomorrow!Then the Santa rally will commence

 

Will post graph now!

 

VIX ended green yesterday telling us the bounce in the states was just a countertrend bounce, trend still down!

 

A

 

 

You think it will cross? Maybe bounce? Especially since we might get some good news tomorrow...

[Argento]

Hello Argento.

 

My calculator is on holiday, so if I may: 38020ish (new futures) = IGTop40?

 

Many thanks,

 

Lekkerry!

 

Hi L,

 

Got 37780ish IG

 

A

[Beorn]

I'm short @ 38845

[Argento]

Don't chase the market higher, bounce is only because of the daily bearish cross, downside to continue soon..

 

Target 38020ish futures (new price)..should come tomorrow!Then the Santa rally will commence

 

Will post graph now!

 

VIX ended green yesterday telling us the bounce in the states was just a countertrend bounce, trend still down!

 

A

[Lekkerry]

Hello Argento.

 

My calculator is on holiday, so if I may: 38020ish (new futures) = IGTop40?

 

Many thanks,

 

Lekkerry!

 

 

Don't chase the market higher, bounce is only because of the daily bearish cross, downside to continue soon..

 

Target 38020ish futures (new price)..should come tomorrow!Then the Santa rally will commence

 

Will post graph now!

 

VIX ended green yesterday telling us the bounce in the states was just a countertrend bounce, trend still down!

 

A

[Argento]

Don't chase the market higher, bounce is only because of the daily bearish cross, downside to continue soon..

 

Target 38020ish futures (new price)..should come tomorrow!Then the Santa rally will commence

 

Will post graph now!

 

VIX ended green yesterday telling us the bounce in the states was just a countertrend bounce, trend still down!

 

A

[Mhlato]

Think we should retract a couple (maybe 100 or so) point before heading up to close that gap. Or I might just be horribly wrong.

 

Take into account the 221 point "gift" Investing,com got from Santa 

[AJS]

Think we should retract a couple (maybe 100 or so) point before heading up to close that gap. Or I might just be horribly wrong.

[AJS]

Gapped up this morning. Lets see where she goes. Above 39000 (looking at futures), there might be a go to close the gap created last week.

[Plasma]

Screw this, I am opening a long!

You are back with vengeance. . Took a long earlier after US opening. Closed it went it turned down ....

[AJS]

Screw this, I am opening a long!

[AJS]

Im kinda leaning towards a strong selloff in the US tonight and tomorrow? whats your thoughts?

 

I am for tomorrow selloff. Although not at high for the day, can't see why the US would selloff badly tonight still...

[AJS]

Dammit, I am a bit indecisive now. IF we see strong Eastern markets we might just have a good rally, albeit short lived.  I want to get in, but I also don't : / 

Arrrr.... *frustrated*

[AJS]

Well... we are going to have to catch up a bit. At least for the ADRs. The likes of SAB, CFR, ANG etc.
Don't know if I'll risk a long overnight,generally don't like to with IG.