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ALSI Trades


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#28141 Plasma

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Posted 06 November 2013 - 01:18 PM

Treading water @ 40 300
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#28142 davidp13

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Posted 06 November 2013 - 12:50 PM

Is a decent dip around the corner?
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I find trading like body surfing, catch the right one and you will make it all the way to the beach.


#28143 Redeemer

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Posted 06 November 2013 - 12:30 PM

Thanks S!

Also wanna go fulltime...once all my ducks are in a row.

 

For those who need motivation.

 

Trade Fulltime, not partime

 

Focus and Master it.

 

http://www.youtube.c...h?v=lsSC2vx7zFQ


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#28144 Sunesis

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Posted 06 November 2013 - 11:45 AM

For those who need motivation.

 

Trade Fulltime, not partime

 

Focus and Master it.

 

http://www.youtube.c...h?v=lsSC2vx7zFQ


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


#28145 Sunesis

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Posted 06 November 2013 - 10:48 AM

Added 40939

Closed all my longs. Time to sit and wait for another dip maybe US open.


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


#28146 Tech Trader

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Posted 06 November 2013 - 10:42 AM

Charts very bullish weekly 2day and daily, if no big change, 42000 by end year with some pullbacks to trade. Wait for rsi daily and hourly for pull back, rsi can stay here for longer than you can expect, be carefull shorts, rsi needs to come back below 70 line before can confirm a turn in the market to down side
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#28147 Sunesis

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Posted 06 November 2013 - 10:39 AM

It's going to get messy for shorts soon, every stocks is breaking resistance.

 

MTN above R 200. US money love this stock. The biggest telecom provider in Africa. 

Who else to power Apple and Samsung phones in the next Africa Boom Market.

 

Life will we easy for South African stocks with an Africa footprint.

 

https://pbs.twimg.co...A_MNX.jpg:large


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


#28148 Sunesis

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Posted 06 November 2013 - 10:29 AM

seems like every short out there is covering!

Seems like people don't listen when we say buy the dip.

They want to be superman.

 

Any good trader can see the trend is up, price action is up, Fed is printing and accounts are getting fatter everyday.

I have not taken a short position since October and i'm a happy man with a healthy account.

 

Why change my stance whilst the chart has not changed.

 

Skep tewyl dit reen "boet"


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


#28149 betweenlines

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Posted 06 November 2013 - 10:27 AM

Shorts not yeilding good results


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#28150 OceanWalz

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Posted 06 November 2013 - 10:23 AM

seems like every short out there is covering!


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#28151 Sunesis

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Posted 06 November 2013 - 10:16 AM

GET OUT THE WAY THE BULLET TRAIN IS IN MOTION

 

The trend is your friend.

Don't fight the FED.

Who cares weather stocks are overbought, the US money want to park their money in the next Africa growth story.

The market goes in the way were it inflicts more pain. The moment people stop talking about a crash or bubble, that's the only time it will crash.

Overbought does not mean sell. If that was the case then trading will be easy. 1+1 is not 2 in trading

 

Sorry to those who missed the dip yesterday, they are watching too mush CNBC

VIVA LA BULL :P  :P  :P  :P  :P


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


#28152 Beorn

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Posted 06 November 2013 - 10:06 AM

I'm short @ 41400

Added to short @ 41470


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Alsi future

 

I only post my views, not advice


#28153 Sunesis

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Posted 06 November 2013 - 09:56 AM

In Australia BHP has closed above the 200wk ma for the first time since July'11. It still needs to close the week

 

BHP is a big player on ALSI

 

 

AngloGold also reported good earnings today, 3rd quarter earnings - Cash flow +128% Gold production +12% Total cash costs improve 10%

I guess it will be the leader today, also influencing some gold stocks.

 

Old Mutual is also a big cap, and its also running for that R35 price.

 

We have resource share coming back to life: https://pbs.twimg.co...AsXjU.jpg:large

 

German DAX breaks resistance, S&Pbreaks resistance overnight.

 

FED Williams overnight said stocks are undervalued. I just think he might have a long position in his personal investment somewhere.


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


#28154 Sunesis

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Posted 06 November 2013 - 09:35 AM

WOW two companies pulling the whole index

 

Anglo and BHP pulling more than half the index today.

 

SAB,BAT,RICHEMONT taking a rest.

 

NASPERS has not joined the party since last week. But it will be back.

 

Shorts are still in for a nightmare

Looks like all the big boys are green today.

 

As i said, when Naspers comes back we are going to hit the roof

 

Hope we find enough volume.

 

BAT,SAB,NASPERS,RICHEMONT,BHP,ANGLO,MTN,STANDARD BANK,FISRTRAND,OLD MUTUAL (Big Cap)

 

Now we just need enough volume


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


#28155 Beorn

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Posted 06 November 2013 - 09:19 AM

I'm short @ 41400


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Alsi future

 

I only post my views, not advice


#28156 Redeemer

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Posted 06 November 2013 - 09:11 AM

Naspers is back with a bang!


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#28157 Lekkerry

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Posted 06 November 2013 - 08:55 AM

Where is the LIKE button!  :P

 

@ L. Mededeelsaamheid.....


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#28158 Plasma

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Posted 06 November 2013 - 08:16 AM

Long 41090 and in the green again.Forget about shorts guys we going up again today. I hope this is diplomatic enough PLasma?


:
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#28159 davidp13

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Posted 06 November 2013 - 08:07 AM

East seems green. Guess long is the way to go.

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


#28160 bear catcher

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Posted 06 November 2013 - 07:56 AM

Long 41090 and in the green again.Forget about shorts guys we going up again today. I hope this is diplomatic enough PLasma?
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IG CASH






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