Thanks S. This is very interesting!!!
And who are "they" and why?
And how does one tell it's about to happen?
They will push the market down to break key levels, so that they scare enough bulls as possible
Posted 04 December 2013 - 03:04 PM
Thanks S. This is very interesting!!!
And who are "they" and why?
And how does one tell it's about to happen?
They will push the market down to break key levels, so that they scare enough bulls as possible
Posted 04 December 2013 - 03:03 PM
We have to see how far down the US rabbit hole goes.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 03:02 PM
FTSE breaks 200MA
Its in bear mode now.
Everytime it breaks 200MA it goes down 100 points then starts a rally
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 02:58 PM
They will push the market down to break key levels, so that they scare enough bulls as possible
Clearly... This move was quick, but lucky I got out quick.
Where do you see us close today? This made me confused
Posted 04 December 2013 - 02:55 PM
What do you expect S?
They will push the market down to break key levels, so that they scare enough bulls as possible
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 02:37 PM
It would be wise to exit any long position you have. It's going to be wild soon.
Lets enter crocodile mode.
I will post when i enter another long
What do you expect S?
Posted 04 December 2013 - 02:29 PM
It would be wise to exit any long position you have. It's going to be wild soon.
Lets enter crocodile mode.
I will post when i enter another long
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 02:21 PM
Marketwatch
Can the U.S. jobs report for November end up as robust as October’s surprising 204,000 gain? We’ll get a hint with Wednesday’s ADP employment report at 8:15 a.m. Eastern.
The NFP will be a event, but it might not be enough to chase bulls away. It might be enough to scare them, but not chase them.
Dec 18th FED is the ultimate day.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 01:47 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 04 December 2013 - 01:20 PM
I wonder how the markets will react when Mandela passes away?
Posted 04 December 2013 - 12:06 PM
The US market don't seem to be scared of taper. They are not selling off hard.
S&P still above 1776
If that stays above, then 1830-50 is the target forget year end.
If there is taper in Dec, it'll cause a minor blip on the S&P.
Not so much for the ALSI and Rand, which will rapidly go South.
I went short Rand @R10.10, target at least R11.00 if not 11.50-ish if taper starts.
May go short ALSI before Dec 18th, depending on the levels then.
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 04 December 2013 - 11:59 AM
With the 39150 double bottom it looks like that is the base. It really needs to get above 40000 to confirm, and then it's time for that final Santa Rally!
K
The US market don't seem to be scared of taper. They are not selling off hard.
S&P still above 1776
If that stays above, then 1830-50 is the target forget year end.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 11:54 AM
Do you think 39150 base is forming.
Some ALSI bulls are still around.
When US market forms a base while we are still above 39150, then that's the base.
This 39150-40300 channel is very key to determine the next trend.
Keep an eye on DOW 15780 base.
US markets have high targets for year end.
With the 39150 double bottom it looks like that is the base. It really needs to get above 40000 to confirm, and then it's time for that final Santa Rally!
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 04 December 2013 - 11:45 AM
Closed longs at 39620 for 470 points green. Think we might run of steam soon...
K
Do you think 39150 base is forming.
Some ALSI bulls are still around.
When US market forms a base while we are still above 39150, then that's the base.
This 39150-40300 channel is very key to determine the next trend.
Keep an eye on DOW 15780 base.
US markets have high targets for year end.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 11:40 AM
Edited by Ninja, 04 December 2013 - 11:43 AM.
Posted 04 December 2013 - 11:39 AM
Really hope this turns, otherwise A is also going to need some VIP treatment (Very Important Paper) when he gets back from his conference.
I'm accumulating small longs here (39150)
K
Closed longs at 39620 for 470 points green. Think we might run of steam soon...
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 04 December 2013 - 11:21 AM
1st Long 39230
stop 38800
take profit Santa
Closed for 300 pips just need to bag this 15k
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 04 December 2013 - 10:58 AM
blowing fire right now!!! 100 points loss of profit in 15 minutes
Posted 04 December 2013 - 10:43 AM
Posted 04 December 2013 - 10:35 AM