31 votes
Little Master
Posted 29 November 2013 - 05:29 PM
Screw the return move...never try to time her, I'm getting in long and will add if we get some free red ice cream next week!
Sitting on them till around the 27ish December!
A
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Sage
Posted 29 November 2013 - 05:06 PM
What do you do after an 8 week rally in S&P 500 stocks?
The S&P 500 is a runaway train. A close above 1804 (spot at 1811) will mark 8 consecutive weeks of gains. The index hasn’t gained for 8 consecutive weeks since 2004, when it went on to 9 consecutive gains.
That episode might be instructive for the shape of what’s to come:
There wasn’t an abrupt correction from that rally — the index moved sideways for two months before any significant correction.
What was different then? Well the economy had just grown at a 6.9% annualized pace in Q3 and was following it up with a 4.6% quarter. Currently, the US is coming off a 2.8% quarter and is forecast to grow 1.8% in Q4.
Then again, they weren’t printing money in 2004.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Master
Posted 29 November 2013 - 04:57 PM
S&P ready to go up at breaking point
Master
Posted 29 November 2013 - 04:56 PM
Its Friday trains are delayed.
Had a great day
Keep a watch on the China PMI on Sunday
Bye
Viva La Bull
Lol, train is leaving
Sage
Posted 29 November 2013 - 04:49 PM
Now when is departure time?
Its Friday trains are delayed.
Had a great day
Keep a watch on the China PMI on Sunday
Bye
Viva La Bull
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 29 November 2013 - 04:42 PM
IG CASH
Sage
Posted 29 November 2013 - 04:41 PM
All abord train about to leave
Not yet
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 29 November 2013 - 04:39 PM
IG CASH
Sage
Posted 29 November 2013 - 04:39 PM
DAX is a beast. It broke resist. Its now on a RSI above 80
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Master
Posted 29 November 2013 - 04:28 PM
Well, if we still have some correlation with US, I hope we go up at 1630, since i have a long at that breakout point....waiting for it to get some traction.....had a good day today...would not want a red trade to spoil it....
Good 
The Oracle
Posted 29 November 2013 - 04:22 PM
THE DOW TODAY LOOKS LIKE THE DOW FROM 1929 BEFORE IT CRASHED
basically a cookie print.
Very nice comparison.
Alsi future
I only post my views, not advice
Silfen Path Wanderer
Posted 29 November 2013 - 04:20 PM
Is it the express train that has arrived and ready to depart?
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Master
Posted 29 November 2013 - 04:13 PM
Is it the express train that has arrived and ready to depart?
Sage
Posted 29 November 2013 - 03:56 PM
The FTSE 100 is the only major global stock index to rally from the start to the end of December for every year since 2003.
That’s 10 years on the trot. The Dow Jones and S&P have both enjoyed a similar run of form recently whilst the DAX and Nikkei have managed to rally in nine of the last 10 years in December
Yet the FTSE 100 Index stands out
Why does the market rally in December?
The ‘Santa Rally’ has been used to describe how the market typically turns bullish towards the end of the calendar year. There are a number of fundamental factors as to why the market typically turns bullish in December.
December is when bonuses are paid out, some as shares, and many individuals prefer to invest their bonuses into stocks. At the same time, as we head into the end of the calendar year, many portfolios start to get re-adjusted with some gains crystallised and immediately re-invested back into the market. Individuals also set up their portfolios for the next calendar year. On top of this, traded volumes in December are typically their lowest for the entire year. Low market volumes can add a degree of volatility as it only takes a handful of big share purchases to spike the markets higher.
Will this December be more of the same?
There are two key risks which could cause a market correction, but fortunately right now, both seem to be some distance away.
First and foremost, if the US Federal Reserve starts to taper its stimulus programme of $85bn each month – a truly astonishing amount of liquidity – earlier than currently anticipated, this could cause a market shock. It is unlikely that we will see the Fed taper until at the very least incoming Chairwoman Janet Yellen assumes the role from Ben Bernanke at the end of January.
At the same time, we know that the Fed previously postponed stimulus due to concerns over the debt ceiling negotiations, which will make a return in February next year after initial negotiations only temporarily raised the debt ceiling until February 7th. That said, the Treasury could create breathing space past this date if needed.
Secondly, an interest rate hike could also sap risk appetite. This is not envisioned for at least 18 months in the UK and so this remains one of the more distant risks. We also have the ECB in rate cutting mode, with some talk that we could even see negative rates for the euro zone, which remains a somewhat fanciful call.
The two key risks affecting the markets right now look unlikely at this point to deter investor appetite for risk beyond the traditional fundamental factors that typically support equity prices in December. In addition, there is an old saying in the markets ‘the trend is your friend.’ Well the FTSE rallying every December for the past decade is a distinctive and unavoidable trend.
There is every chance history will repeat itself this year as well.
Get you international account ready.
The FTSE is on a RSI of 50, while DAX and Dow are 79 and 72.
Which mean bargain hunters will run for cheaper stocks in the FTSE.
We have China PMI on Sunday. If that news is good then FTSE will march forward with its resource stocks breaking resistence (BHP,Rio Tinto,BP,Royal Dutch Shell,Anglo American,Glencore etc.
Fair to say that ALSI will also rise. Our RSI is also low.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Master
Posted 29 November 2013 - 03:51 PM
We have just broken upside through today's triangle, through today's high should see the 40500/40600 mark
Member
Posted 29 November 2013 - 03:35 PM
THE DOW TODAY LOOKS LIKE THE DOW FROM 1929 BEFORE IT CRASHED
Fascinating comparison indeed. I just wonder if history may repeat itself but with all the cheap money sloshing around in the worlds monetary systems I somehow doubt it.
Master
Posted 29 November 2013 - 03:31 PM
looks like the moment of truth has arrived?
Sage
Posted 29 November 2013 - 03:25 PM
THE DOW TODAY LOOKS LIKE THE DOW FROM 1929 BEFORE IT CRASHED
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Master
Posted 29 November 2013 - 02:43 PM
Resources.
Smart money is buying resources for a 5 year plan.
Good time to start buying today
If i was a big fund i would move my money from Naspers, then buy Resources.
Gold and Platinum is good.
Some agriculture via Glencore is also good.
Metal and Grain prices are very low.
Edited by RBM, 29 November 2013 - 02:45 PM.
Sage
Posted 29 November 2013 - 02:35 PM
Bought 40125
Closed for 75pips
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
