35854 replies to this topic

[Beorn]

Our market taking a beating. and ZAR is still very weak.

If ZAR starts to work for the bears, we have a lot further to go down.

Things not looking good for bulls,

Bernanke will have to announce more QE tonight!

[Mad Max]

If my guess is correct then we could be heading towards 39368 before we turn up.  The red line in the chart is the  weekly support . If it breaks that then goodbye bulls ..

 

[Sunesis]

Top 40 all red expect Vodacom LOL

 

Maybe people holding on for dividend.

[Sunesis]

Top 40 all red expect Vodacom LOL

 

Maybe people holding on for dividend.

[Sunesis]

Its is so oversold it is running at a discount

I love discounts, jump in for the Santa Rally.

We all knew the dip  is coming.

But know that it's here people are afraid to buy.

 

Phycology Phycology Phycology Phycology Phycology Phycology

 

This is the part were we separate the boys from the man.

[Jonker]

Does anyone think there will be a mass closing of shorts this afternoon? If not, the sheriff might be waiting for me at home...

[davidp13]

Its is so oversold it is running at a discount

[Sunesis]

Came out of meeting seen my limit hit at 39980, gives 532 points 5 minis total R26600 for the day, turning off for the day, good luck to all, thanks for the action

You are smiling to the bank, while i sit and endure pain.

Life is not fair

[K~~]

Long @39950.

[K~~]

Yep..Just closed all my shorts as well..opened up 3 big ones at 40000

 

***Trumpets*** 

 

Welcome back C!

 

K

[Tech Trader]

Came out of meeting seen my limit hit at 39980, gives 532 points 5 minis total R26600 for the day, turning off for the day, good luck to all, thanks for the action

[Sunesis]

Yep..Just closed all my shorts as well..opened up 3 big ones at 40000

Chubbyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

 

Welcome  back

 

Now it's time to play the game

[OceanWalz]

in any game be it Rugby etc - one should always play the 'ball' not the 'man' - suggest if someone does not agree with someone else's post - write your views , it enrich all of us , but then preferably don't quote the person whose view you are flaming - please guys -  

[Sunesis]

Stoploss hit at 40 000. Took a long @39990

 

Even though we are selling off

Our resource shares have not broke below the previous resistence points

 

BHP still above 310

Anglo needs to hold 230

Sasol still above 500

 

As long as BHP stays above 310 bulls are safe.

BHP can have big influence on ALSI

 

Open link  https://pbs.twimg.co...AUtGt.jpg:large

 

 

[Argento]

Yep..Just closed all my shorts as well..opened up 3 big ones at 40000

Chubs, good to have you back!

A

[Argento]

Ok, I am locking in those profits and selling all my shorts!

 

Now to wait for the low confirmation for a biiiiiiiiig long position into end of December (18/19th FOMC meeting)!

 

A

Edited by Argento, 13 November 2013 - 02:57 PM.

[Sunesis]

Something to keep my head cool while i get clopped today.

 

Skep tewyl dit reen. It's not reen anymore.

 

http://www.youtube.c...h?v=0UpjEtCFriY

[franky]

thx A. looks like 40145 futures is also a num to watch [sept resistance]looks very possible now and octobers correction peaked on a wednesday ?

[JBlack]

At the moment i am getting clopped hard. But my 1st long will hit my stop at 40000 for a 500 point loss, if it continues going down.

But i suspect some upside to come. I am watching 6 markets now. The sell off looks broad based, but its not aggressive in other markets.

 

We have had 2 sell off since 25 June rally.

 

Syria story sell off was about 1300 points from the 27 August top(38900) to 1 September bottom(37650)

Debt deal sell off was about 1700 from the 27 September top (39900) to 9 October bottom(38200)

 

The current sell off is about 1500 from the 7 november top (41500)  to 40 000 current.

 

If we have to follow the last sell off, we would say around 39800 will be a good area for demand. That will be 1700 points same as debt deal sell off.

 

Maybe a correction or profit taking.   Longs are safer if we consider the 39800 bearer. A close below 39800 will start another trend.

 

The S&P dropped to 1735 last week, don't know if that was a one day correction because it's back to the 1760-70 areas.

The Dow is still trading above 15675 top.

The ALSI is maybe dropping because of Chinese shares drop. The Heng Seng droppped below 22600 for the 1st time since September 4th

 

I just keep buying. I will revise my longs if we close below 39800.

Thanks for good info. Hope those pockets are as deep as we all think they are..... FTSE down 1,4% is scary though. But I am in the money today so don't mind....

[JBlack]

You guys know what is the best feeling in the world! Being able to write your own paycheck. Even if you are an employed trader, a little extra cash in the pocket apart from you salary is great! Trading in my world is my business. I manage my money like the way I would have.managed my business. Calculated decisions with risk measuring. I stick with one core principle - what am I prepared to loose! Thanks for all the valuable input from everybody. It helps the forum grow!<br /><br /><br />Sent from my GT-I9100 using Sharenet Sharechat mobile app<br /><br />

Agreed! I should go all Sunesis/AntiSunesis on your a$$ for that profile pic though!