31 votes
Little Master
Posted 06 December 2013 - 11:12 AM
Charts indicating on a report that will push the markets up!
She is busy making a 30min bullish cross so we should see follow through on the gains today!
VIX is high so could see a strong push up!
A
Welcome back A!! thanks for the posts this morning. I must admit I was rather clueless this morning. Took a long at 39500 and closed it before 9. then opened another long at 39640.
Advanced Member
Posted 06 December 2013 - 11:07 AM
Bulls will remain in control of ALSI for as long as ZAR is doing what its doing and there is no new growth scare or risk event...just my humble opinion. The sharp sell-off will come but most like only somewhere in Q1/Q2 2014
Advanced Member
Posted 06 December 2013 - 11:06 AM
Bulls will remain in control of ALSI for as long as ZAR is doing what its doing and there is no new growth scare or risk event...just my humble opinion. The sharp sell-off will come but most like only somewhere in Q1/Q2 2014
Sage
Posted 06 December 2013 - 10:53 AM
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Artist
Posted 06 December 2013 - 10:48 AM
How about the Jobs report later...if it comes in at 6.9%?
Charts indicating on a report that will push the markets up!
She is busy making a 30min bullish cross so we should see follow through on the gains today!
VIX is high so could see a strong push up!
A
"Never never never give up!"
Member
Posted 06 December 2013 - 10:41 AM
If the bulls reclaim/breaks the 40000 (futures) level you're going to see bears scatter for the exits..!!
A
How about the Jobs report later...if it comes in at 6.9%?
But I'm only a humble student subject to correction.
Newbie
Posted 06 December 2013 - 10:35 AM
The Artist
Posted 06 December 2013 - 10:29 AM
Indentify the pattern:
So mr market didnt go for the inverted H&S so now we have a bullish triangle playing out as per attached, got nice positive divergence on the daily and 5H macd's that usually indicates on a strong run up coming!If she breaks the downtrend line we could plot the PF count for end of December...but bears will be back in January!
Glad I was away this week as the downmoves would have created emotion and that can alter you from your strategy, so still long..!
Today the world lost a giant...sad day indeed!
A
If the bulls reclaim/breaks the 40000 (futures) level you're going to see bears scatter for the exits..!! 
A
"Never never never give up!"
Master
Posted 06 December 2013 - 10:06 AM
Weather we make or loose money today, it won't make a difference.
We have lost so much this morning.
I'm not trading today. I will just leave the trades i have to run in any direction.
Weather we make or loose money today, it won't make a difference.
We have lost so much this morning.
I'm not trading today. I will just leave the trades i have to run in any direction.
We'll be recovering any loses from this morning through the day...viva la buli
[...I AM THE BIGGEST LOSER...ALWAYS HAVE BEEN...ALWAYS WILL BE...]
Sage
Posted 06 December 2013 - 10:00 AM
Weather we make or loose money today, it won't make a difference.
We have lost so much this morning.
I'm not trading today. I will just leave the trades i have to run in any direction.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Master
Posted 06 December 2013 - 10:00 AM
Mandela lived positively...we shall break upward after 11am
[...I AM THE BIGGEST LOSER...ALWAYS HAVE BEEN...ALWAYS WILL BE...]
Little Master
Posted 06 December 2013 - 09:47 AM
Indeed Mandela was a great man and true father to the nation.
And may his family take comfort in the fact that it's not a loss to them only, but to the nation as a whole and perhaps the world at large.
This the moment of our deepest sorrow. Our nation has lost its greatest son, yet what made Nelson Mandela great was precisely what made him human
Our deepest condolences to the family of Nelson Rolihlahla Mandela, and the nation at large for the loss of our former State President
Lets pay our last respects
Could not have said it better. He was truly a great man and inspiration not only to SA, but to the world. Glad to see that its not only us that are mourning but the entire world.
RIP Madiba.
Little Master
Posted 06 December 2013 - 09:27 AM
RIP Nelson Mandela, I do believe that he was one of the reasons why SA became the emerging economy it did, and we thank him for the bumper times we have enjoyed as investors on the JSE.
The Artist
Posted 06 December 2013 - 09:24 AM
Indentify the pattern:
So mr market didnt go for the inverted H&S so now we have a bullish triangle playing out as per attached, got nice positive divergence on the daily and 5H macd's that usually indicates on a strong run up coming!If she breaks the downtrend line we could plot the PF count for end of December...but bears will be back in January!
Glad I was away this week as the downmoves would have created emotion and that can alter you from your strategy, so still long..!
Today the world lost a giant...sad day indeed!
A
"Never never never give up!"
Little Master
Posted 06 December 2013 - 09:11 AM
I'm just here to watch the markets as a spectator today. Looks like the bears are trying to regain control. Will wait and see what transpires till 9. What's your take on the markets today guys?
Looks like I'm joining the party at 396 with tight SL.
FYI. 10 point divi today. Know it's nothing, but just for information.
Newbie
Posted 06 December 2013 - 09:09 AM
Long 39556 Target 40200
Advanced Member
Posted 06 December 2013 - 08:54 AM
Whilst the whole world is paying tribute..."If you want to make peace with your enemy, you have to work with your enemy. Then he becomes your partner" - Nelson Mandela (1918 - 2013). R.I.P.
Little Master
Posted 06 December 2013 - 08:40 AM
I'm just here to watch the markets as a spectator today. Looks like the bears are trying to regain control. Will wait and see what transpires till 9. What's your take on the markets today guys?
Member
Posted 06 December 2013 - 08:13 AM
JSE will be halted for 5min at 11h00 in honour of Nelson Mandela
Silfen Path Wanderer
Posted 06 December 2013 - 07:32 AM
Indeed Mandela was a great man and true father to the nation. And may his family take comfort in the fact that it's not a loss to them only, but to the nation as a whole and perhaps the world at large.Well said ...I wonder how the markets will react when Mandela passes away?
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
