35854 replies to this topic

[davidp13]

Going to post my megaphone again... the break up was clearly false, once again in real pivot territory.

The fact that futures close out later this month gives me a feeling that somehow North is the way this pattern will play out, bouncing off +-39000. I can't talk to timing although S has alluded to next week as his feeling.

Just my opinion.

then the same should apply on the 30min chart as the megaphone completed

[RBM]

Not a chance. I'm only scalping DAX and DOW. I need the Dow at 15800 for me to start buying ALSI

 

I am going to make money with one big trade 

good

[Sunesis]

S, is quite, maybe busy accumulating?

Not a chance. I'm only scalping DAX and DOW. I need the Dow at 15800 for me to start buying ALSI

 

I am going to make money with one big trade 

[Mad Max]

R and B c, do you have a low point? From what I can see is if we bounce off 100 we should see a pull back, but if it breaks then down to 38500 progressively.

My guess is that we will be trading in the 38900-39900 trading range for the next few days before we really push back up..... We could visit 39000 in the evening  today .

[fabes]

My turning point is a green candle. lol. i'm out and watching the markets from a spectator view. Way too risky now.

 

Will wait and see what the US open does for our markets then maybe place a trade. One would expect pullback, but we broke through two supports and now attempting another one. Got a sell order at 39050.

[Magic_Matt]

Going to post my megaphone again... the break up was clearly false, once again in real pivot territory.

The fact that futures close out later this month gives me a feeling that somehow North is the way this pattern will play out, bouncing off +-39000. I can't talk to timing although S has alluded to next week as his feeling.

Just my opinion.

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[RBM]

S, is quite, maybe busy accumulating?

[bear catcher]

David atm my turning point is 38800 but if US really start selling 38000 or lower but i doubt we will go lower than that

[Sunesis]

We have reached a low for now 39150. 38800 is next.

Money is leaving SA. GBP/ZAR is R17. If USD/ZAR breaks R10.50c hell breaks loose.

 

Global markets are selling off. It's good for a Santa Rally base for global markets. Especially the technology & consumer goods markets like Nasdaq,Dax. Commodity markets(FTSE,ALSI) are in for a rough 2014

 

Money management will be key in trading the next 3 years.

My VIX long trade is in good profit. I mentioned yesterday that vix showed me a sell off will come soon.

Mid Dec will be interesting for the market.

 

Only no taper will keep the markets stable and provide Santa Rally. So Dec 18th is key.

Bulls can relax for now. We made enough money for 2013. We all just need one final big trade for the year.

I will post that trade when i take it.

A lot of bears got their accounts wiped this year. So lets give those bears who are still alive a chance to make money.

 

Relax, be like a crocodile. 

       

[Jonker]

Did not make that prediction. Since last night I thought we might hit 39600 and bounce back up, but never expected this slaughter

I don't think anyone did... That's why its so quite ..

[fabes]

Fabes, did you not predict a possible low of 39400 and a probable high of 40200 this morning...

 

Nostradamus would probably see flames and ash.. And disease and lasers.. Or that would be the interpretation..

Did not make that prediction. Since last night I thought we might hit 39600 and bounce back up, but never expected this slaughter

[K~~]

Could someone plug my intestines back in please...

 

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

[Jonker]

Calling on chart experts/nostradamusses. Where do you see us ending today? We seem to be in a freefall scenario.

 

oh, btw thanks for the hit back to reality this morning guys would have been really really bad.

Fabes, did you not predict a possible low of 39400 and a probable high of 40200 this morning...

 

Nostradamus would probably see flames and ash.. And disease and lasers.. Or that would be the interpretation..

[RBM]

.

bear catcher, on 03 Dec 2013 - 1:11 PM, said:

RBM buying today is really risking it big time. Rest of world markets very red so this is a global sell of.

Santa is a bargain hunter and only buys very cheap , i am really worried if this santa rally is going to happen big time as everyone is expecting.I took a lekka loss on my long but closed at 39500.

It is really weird sitting with a short with all the guys talking rally and up moves etc, luckily my short is looking good. Lokks like the US correction is upon us and we have to follow. I learned a 120 k lesson but now  i for one stick to one rule "The trend is your friend" and trend is down atm.

And the day is not over. US Futures looking redder so be prepared for more red.

 

 

Yes you both are correct, I am buying in very small qty's accumulating, daily trend is down, weekly/monthly trend is up, yes trend is your friend depending on which trend one is trying to catch
I do appreciate your posts, thanks a mil!

[fabes]

Calling on chart experts/nostradamusses. Where do you see us ending today? We seem to be in a freefall scenario.

 

oh, btw thanks for the hit back to reality this morning guys would have been really really bad.

[davidp13]

RBM buying today is really risking it big time. Rest of world markets very red so this is a global sell of.
Santa is a bargain hunter and only buys very cheap , i am really worried if this santa rally is going to happen big time as everyone is expecting.I took a lekka loss on my long but closed at 39500.
It is really weird sitting with a short with all the guys talking rally and up moves etc, luckily my short is looking good. Lokks like the US correction is upon us and we have to follow. I learned a 120 k lesson but now  i for one stick to one rule "The trend is your friend" and trend is down atm.

And the day is not over. US Futures looking redder so be prepared for more red.

R and B c, do you have a low point? From what I can see is if we bounce off 100 we should see a pull back, but if it breaks then down to 38500 progressively.

[Mad Max]

RBM buying today is really risking it big time. Rest of world markets very red so this is a global sell of.

Santa is a bargain hunter and only buys very cheap , i am really worried if this santa rally is going to happen big time as everyone is expecting.I took a lekka loss on my long but closed at 39500.

It is really weird sitting with a short with all the guys talking rally and up moves etc, luckily my short is looking good. Lokks like the US correction is upon us and we have to follow. I learned a 120 k lesson but now  i for one stick to one rule "The trend is your friend" and trend is down atm.

And the day is not over. US Futures looking redder so be prepared for more red.

[bear catcher]

RBM buying today is really risking it big time. Rest of world markets very red so this is a global sell of.

Santa is a bargain hunter and only buys very cheap , i am really worried if this santa rally is going to happen big time as everyone is expecting.I took a lekka loss on my long but closed at 39500.

It is really weird sitting with a short with all the guys talking rally and up moves etc, luckily my short is looking good. Lokks like the US correction is upon us and we have to follow. I learned a 120 k lesson but now  i for one stick to one rule "The trend is your friend" and trend is down atm.

[@sirgrantfleming]

For our bull friends out there I hope not.

Could someone plug my intestines back in please...

[RBM]

today's buying day, tommorrow's the big profit day

 

Long 39280