Jump to content


Photo
* * * * - 31 votes

ALSI Trades


  • Please log in to reply
35854 replies to this topic

#26661 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 26 November 2013 - 12:36 PM

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


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#26662 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 26 November 2013 - 12:29 PM

She is approaching her daily 89..should provide some relief for the bulls, just pray she doesn't go under cause then the floodgates will open!

 

Don't bet on that double bottom... :(

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#26663 Sunesis

Sunesis

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,781 posts

Posted 26 November 2013 - 12:27 PM

Thanks,

 

I'm really loving this bear action. Its been a long time coming.

Safe to say the SA40 is killing the bulls at the moment. My long at 39500 is still waiting around to be stopped out.

International markets are working best for me at the moment.

 

At last bears enjoy. It's been coming.


  • 0

No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#26664 HendrikB

HendrikB

    Advanced Member

  • Senior Member
  • PipPipPip
  • 427 posts
  • LocationSouth East Asia

Posted 26 November 2013 - 12:18 PM

Safe to say bulls have been flushed out. Time to revise your trading strategy.
  • 0

#26665 @sirgrantfleming

@sirgrantfleming

    jedi

  • Senior Member
  • PipPipPipPipPip
  • 968 posts

Posted 26 November 2013 - 12:05 PM

Good luck with calling the turn.

 

But I think I want to agree, we might see this cat bounce just a bit from here, but I am not going long.

This hurts like a MOFO!!


  • 0
Twitter: @sirgrantfleming

#26666 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 26 November 2013 - 12:01 PM

Might have our double bottom at 300? or am I being overly optimistic :) ?

 

Good luck with calling the turn.

 

But I think I want to agree, we might see this cat bounce just a bit from here, but I am not going long.


  • 0

Alsi future

 

I only post my views, not advice


#26667 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 26 November 2013 - 11:58 AM

I have a target of +- 39460 for today or tomorrow.

 

Absolutely blasted through that target.

I do not see a lot of support below.


  • 0

Alsi future

 

I only post my views, not advice


#26668 davidp13

davidp13

    Little Master

  • Members
  • PipPipPipPip
  • 654 posts

Posted 26 November 2013 - 11:52 AM

Might have our double bottom at 300? or am I being overly optimistic :) ?

im with you


  • 0

I find trading like body surfing, catch the right one and you will make it all the way to the beach.


#26669 Mhlato

Mhlato

    Little Master

  • Senior Member
  • PipPipPipPip
  • 588 posts
  • LocationNTvl

Posted 26 November 2013 - 11:47 AM

...and the gap 14 / 15 Nov also closed now.

 

14 / 15 Oct..sorry!


  • 0

"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch


#26670 Mhlato

Mhlato

    Little Master

  • Senior Member
  • PipPipPipPip
  • 588 posts
  • LocationNTvl

Posted 26 November 2013 - 11:46 AM

39478 not 30478

 

...and the gap 14 / 15 Nov also closed now.


  • 0

"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch


#26671 bear catcher

bear catcher

    Sage

  • Junior Member
  • PipPipPipPipPipPip
  • 1,315 posts
  • LocationPretoria

Posted 26 November 2013 - 11:44 AM

As i said buckle up were going down,cannot believe i saw it coming last night
  • 0

IG CASH


#26672 Sam

Sam

    Member

  • Members
  • PipPip
  • 92 posts

Posted 26 November 2013 - 11:38 AM

39478 not 30478
  • 0

Trading by emotion and/or expectation is a pocket emptying certainty.


#26673 Sam

Sam

    Member

  • Members
  • PipPip
  • 92 posts

Posted 26 November 2013 - 11:38 AM

ok i guess we are stuffed now...


Looks like with the drop below 30478 of 23rd Nov Alsi Fut that we're in for more short term pain ( read longs ... Lol)
  • 0

Trading by emotion and/or expectation is a pocket emptying certainty.


#26674 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 26 November 2013 - 11:37 AM

Hahaha, SA GDP figures = 0.7%, expected 1.2%

 

Things looking very good in SA!!!


  • 0

Alsi future

 

I only post my views, not advice


#26675 davidp13

davidp13

    Little Master

  • Members
  • PipPipPipPip
  • 654 posts

Posted 26 November 2013 - 11:31 AM

ok i guess we are stuffed now...


  • 0

I find trading like body surfing, catch the right one and you will make it all the way to the beach.


#26676 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 26 November 2013 - 11:27 AM

good call Jakes.

 

Thanks,

 

I'm really loving this bear action. Its been a long time coming.


  • 0

Alsi future

 

I only post my views, not advice


#26677 fabes

fabes

    Little Master

  • Junior Member
  • PipPipPipPip
  • 620 posts

Posted 26 November 2013 - 11:22 AM

I have a target of +- 39460 for today or tomorrow.

good call Jakes.


  • 0

#26678 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 26 November 2013 - 11:09 AM

I have a target of +- 39460 for today or tomorrow.


  • 0

Alsi future

 

I only post my views, not advice


#26679 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 26 November 2013 - 11:04 AM

Yep...I agree shorting was the way to go and we made some moola..Im just saying that I see a potential hammering out of a bottom on the dailies forming a base around the 600 mark. It might also be the start of trend reversal

Thing is what worries me is up or down moves always originate from patterns...now this whole move since June was due to the double bottom (April/June) we had...now that it has peaked/trend broken and the count filled where to now?

 

Everybody knew the bullparty got stretched and 2014 was going to be a tough year as per important cycles bottoming, one thing a lot of traders don't believe in but is real!

 

Dollar has formed an inverted H&S so if she gets going to the upside the rand will be under pressure and you know what that means for our market..

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#26680 davidp13

davidp13

    Little Master

  • Members
  • PipPipPipPip
  • 654 posts

Posted 26 November 2013 - 10:33 AM

These zig zag downtrends usually end in an impulsive down move, and with the level of counter moves you can be sure of a impulsive decline ahead of note...thing is US charts are very overbought and leading indicators saying they are close to a top, just don't see us rallying if they join the red express!

 

Might see some upside from now into tomorrow but only a countermove...

 

Just my 2c..

 

A

C

 

This thing is sucking in all the optimists and putting smiles on the pessimists. No proof to back it, but in the last 7 days I made more money shorting that longing and i dont see those green shoots like 2/3 weeks ago.


  • 0

I find trading like body surfing, catch the right one and you will make it all the way to the beach.






Sponsored by Sharenet and VPSNine Linux VPS Hosting