35854 replies to this topic

[davidp13]

Two weeks ago this would be a crazy buying opportunity.. 

yip and today everyone is scared...best time to buy the billionaires of today would say

[Jonker]

Two weeks ago this would be a crazy buying opportunity.. 

 

 

[Red]

Hi Visilli, newbie, the only thing that works on the Alsi40 is technicals, been trading this Alsi40 For 11 years , theres no specific day, or time, you trade it monday to friday, but i suggest start getting to understand technicals before trading this product, espicially macd and rsi how work as 1, also MA on price, stochastics in my opunion and only my opinion, lots of people use them, are that stochastics a waste of time

Thanks ill keep it in mind, indicators is very low on my priority list. Goodluck.

[Ninja]

Never underestimate sentiment..... Eg of negative sentiment.... In 2011 HAR traded around R100 level on take over talk..... Today at R29, nobody's interested

Edited by Ninja, 26 November 2013 - 01:57 PM.

[davidp13]

are we looking at the same type of breakout as the one experienced in end Jun or worse?

[Argento]

Expect the unexpected !!!

I got 38000 (futures) as a possible target worth a long position, if she hits that mid December then we can bet on a nice Santa rally...but still got a lot of business to the downside though...!

 

When US starts their journey south it should be a wave 4 down of 5 up into next year to conclude this bullmarket (as per Tony Caldaro).

 

A

[AJS]

Most of the big stocks have broken their key supports.

This is the biggest selloff since May. So 38000 might play out for the bears.

All you need for that to happen, if for S&P to go back to 1770 support.

 

But since our market has been having a brain of its own. Best the trade the liquid markets.

 

I really hope SAB manages to hold on to 520 though...

[Sam]

Can't seem to quote other posts today.
 
2400 points down? 8100?
 
Apologies to S, there are other more hardened Bulls out there!
 
K

Number of contracts x number of points down.

[Sunesis]

Most of the big stocks have broken their key supports.

This is the biggest selloff since May. So 38000 might play out for the bears.

All you need for that to happen, if for S&P to go back to 1770 support.

 

But since our market has been having a brain of its own. Best the trade the liquid markets.

[K~~]

Can't seem to quote other posts today.

 

2400 points down? 8100?

 

Apologies to S, there are other more hardened Bulls out there!

 

K

[Mad Max]

I think 39000 is probably true, but no way we will go below 38500 in 2013 unless US start tapering for christmas.

Expect the unexpected !!!

[fabes]

Haha. S surely must be the last of the bulls! So it must hit 39000 first before she turns!

 

 

Looks like the bottom will be @38000 or just below if it continues like this and it might as the US has not had their drop yet and it is bound to start soon....

I think 39000 is probably true, but no way we will go below 38500 in 2013 unless US start tapering for christmas.

[Sunesis]

Haha. S surely must be the last of the bulls! So it must hit 39000 first before she turns!

The SA40 pain is cushned by my other winnings.

I must say great call to the bears since last week. 

 

Enjoy

[fabes]

Some consolation.... I'm 8100 pips down :-(

Geez... Deep pockets... Hope you hedged along the way...

[fabes]

When the last of the bulls are flushed out its sometimes spawns the start of a bull run

Agree Chubby. As much as it hurts right now, we might just go up again when the dust settles. Short is tempting and very attractive at the moment, but there is nothing to support that(in my mind). This might just be the setup for the "santa rally".

 

For now I am just observing...  Will enter long with short SL later today, tonight or tomorrow.

[Tech Trader]

Hi Visilli, newbie, the only thing that works on the Alsi40 is technicals, been trading this Alsi40 For 11 years , theres no specific day, or time, you trade it monday to friday, but i suggest start getting to understand technicals before trading this product, espicially macd and rsi how work as 1, also MA on price, stochastics in my opunion and only my opinion, lots of people use them, are that stochastics a waste of time

[Sam]

lol hands and knees A..hands and knees
@ 2400 pips down this might hurt a bit

Some consolation.... I'm 8100 pips down :-(

[Sam]

When the last of the bulls are flushed out its sometimes spawns the start of a bull run

Most likely support 39000 (Alsi 40 Cash)?

[Mad Max]

Looks like the bottom will be @38000 or just below if it continues like this and it might as the US has not had their drop yet and it is bound to start soon....

[Sunesis]

When the last of the bulls are flushed out its sometimes spawns the start of a bull run

My lonely long might get stopped soon.