35854 replies to this topic

[Lekkerry]

IG ALSI not very happy atm. At this pace, next stop is 382##. .. And I have two long irons in the fire.

[RBM]

So much for early Christmas rally. Bulls are getting choked every time they're ready to charge. A new trend is starting to emerge here. Short the rally.

Maybe but i think not yet

[Sunesis]

So much for early Christmas rally. Bulls are getting choked every time they're ready to charge. A new trend is starting to emerge here. Short the rally.

Rally's always start when nobody expects.

Something is brewing 

 

Its just a case on who will be crying during year end

[HendrikB]

So much for early Christmas rally. Bulls are getting choked every time they're ready to charge. A new trend is starting to emerge here. Short the rally.

[Sunesis]

Nice article and true. Its almost like kids are traading the markets cause you have the opposite of what should happen. Tomorrow gonna be interesting. With this buying power we might see 400 tomorrow depending on the us close ofcourse.

But that is just speculation.

We are all just speculators. Nobody knows what the market will do.

We just follow what the big guys are doing. What we think does not matter.

To keep the market moving we just have to keep speculating.

[fabes]

Nice article and true. Its almost like kids are traading the markets cause you have the opposite of what should happen. Tomorrow gonna be interesting. With this buying power we might see 400 tomorrow depending on the us close ofcourse.

But that is just speculation.

[Sunesis]

I see Alsi as closing the day above that support line. So this also makes me think we will bounce tomorrow.

Everybody knows we are in a bubble, that's why this bubble does not burst.

 

Goldman Sachs are forecasting a 2300 S&P 500 in 2017.

With gold $1000 next year.

 

But they say S&P will correct by 10-15% next year before it hits 1900, which is their 2014 target.

At one stage the fund managers will take profit. And prepare new portfolios.

 

Yellen will keep the market supported. A total collapse will not come.

 

Interest rates a still low. That's the difference with other years which went bust.

Yellen is a grandma, Grandma's are not known for destroying economies. Unless she turns into a witch.

[RBM]

Tonight could be a tick up night as per indicators

[Beorn]

The stock market is drunk.

 

http://www.forexlive...tock-market-is/

 

Anyone who believes we are not in a equity bubble is delusional.

But then again, all crack addicts are.

[Beorn]

Jip,

 

If we close @ these levels, things can get messy for longs, I have it below strong support, and sentiment is clearly negative, so failure of support will be seen very weak.

Until Helicopter Ben or Yellen has anything to say. Which is prob only 18 Dec, so we could drop far until then.

 

I see Alsi as closing the day above that support line. So this also makes me think we will bounce tomorrow.

[Sunesis]

The stock market is drunk.

 

http://www.forexlive...tock-market-is/

[Sunesis]

I have to agree with you.

I think tomorrow will be green.

 

Lots of volume buying it higher all of a sudden.

 

I'm a bit confused, looks like someone was waiting and now pounced.

 

Crock Sunesis, was it you opening 2000 contracts?

The market has been sold too much. I saw gold start bouncing 30 mins before the ISM 17h00 news today.

Gold traders have some inside info all the time.

Gold also started bouncing up even in the Sept taper debacle

 

The market is FED moved. Company fundamentals are useless.

The best way is just to buy companies which offer good dividends. FED are in control of the market.

 

Weather the companies are crap they will go up if the FED don't taper, even blackberry will bounce.

 

FTSE is sitting on a danger line.

ALSI is on a danger line

ASX is on a danger line

 

Best to trade technology and consumer  index if you are a hard core bull. Nasdaq has not even sold off since last week. Call it a dot.com bubble.

 

Commodity index are high risk, but we still trade ALSI because it's balanced

 

Stay safe. Put stops in        

[davidp13]

Back to 39600

Have a feeling we will be stuck in 39100-600 range for sometime. A break to the downside will have to be some big news.

Its seems like the range is decreasing everyday like a falling wedge...

[RBM]

Have a feeling we will be stuck in 39100-600 range for sometime. A break to the downside will have to be some big news.

The news will be in favour of the US meeting their targets

[Sunesis]

Back to 39600

Have a feeling we will be stuck in 39100-600 range for sometime. A break to the downside will have to be some big news.

[RBM]

I have to agree with you.
I think tomorrow will be green.

Lots of volume buying it higher all of a sudden.

I'm a bit confused, looks like someone was waiting and now pounced.

Crock Sunesis, was it you opening 2000 contracts?

Since Jakes agrees with me be really careful, Jakes knows his story on the short side

[Sunesis]

Odds still favor bulls for Santa Rally

 

https://pbs.twimg.co...AZB9B.png:large

[RBM]

Back to 39600

[RBM]

This market is insane and someone is skepping with these dips and bounces.

its just volitile due to 4hr changing trend , bulls are coming into control, bears are losing control and trying to keep control

[Sunesis]

FTSE HedgeFund sweet spot bounce. Nice Buy

 

https://pbs.twimg.co...AV_5t.jpg:large