35854 replies to this topic

[Beorn]

Added to short @ 41250

 

I'm adding as we climb

 

Closed some @ 41180

[Bhova]

Isn't a short justified at the back of the revised growth figures from the EU?

[Sunesis]

Not with ZAR weakness

If ZAR keeps getting pounded like this, we will stay higher. 

 

Not with ZAR weakness

If ZAR keeps getting pounded like this, we will stay higher. 

US and Europe are only red so dip buyers can come and buy.

 

If you buy FTSE now. Before US closes you would make a lot of money.

 

Took a long on FTSE 6735 and NASDAQ 3374

 

Keep your ALSI longs. forget them till end of US session. 

You will be smiling with the profit you would have made.

[Plasma]

The US futures are red....Europe is red.... If we retain correlation with US, then perhaps a dip this afternoon??

Not with ZAR weakness
If ZAR keeps getting pounded like this, we will stay higher.

Sitting out at the moment ....making micro triple etc tops on 5 min chart. Want to see us breaking above that....perhaps a bit over cautious....still feeling the burn of the failed short this morning....did reduce damage by some scalps.

Just saw us going lower....

[Beorn]

The US futures are red....Europe is red.... If we retain correlation with US, then perhaps a dip this afternoon??

 

Not with ZAR weakness

If ZAR keeps getting pounded like this, we will stay higher. 

[Plasma]

Those who bought the dip.

I have a feeling the US will close up. And China will open high.

China has some communist party thing going on. Its the only thing dragging the Chinese market now.

My NASDAQ long trade in the money $$$$$$$$$$$$$$$$$$$$$$$$

Apple, Microsoft, Google in the groove today.

Blue Mondays are for economic slaves only (so called working class)

I'm a capitalist. Make money while sitting at home.

Viva La Bull

Those who missed the bus yesterday buy this dip now.

40975 we are going to fly today

The US futures are red....Europe is red.... If we retain correlation with US, then perhaps a dip this afternoon??

[Sunesis]

Those who bought the dip.

 

I have a feeling the US will close up. And China will open high.

 

China has some communist party thing going on. Its the only thing dragging the Chinese market now.

 

My NASDAQ long trade in the money   $$$$$$$$$$$$$$$$$$$$$$$$

 

Apple, Microsoft, Google in the groove today.

 

Blue Mondays are for economic slaves only (so called working class)

 

I'm a capitalist. Make money while sitting at home.

 

Viva La Bull        

Those who missed the bus yesterday buy this dip now.

 

40975 we are going to fly today

[Sunesis]

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

[Sunesis]

my feeling for today/ next few days::

• We have two-weeks of newly placed shorts to flush out. That bodes well for a continuation, especially as the newly laid shorts get squeezed as we set yet another new high. Not a big move higher, but enough to push us past recent highs. 
• The financially degreed people will have all the graphs and theory (they all went through  the same theoretical thought schools) will be reluctant and feel it unjustified, even perhaps unethical,  to commit client funds to overstretched markets.
• This augers a slow grind up - A high probability of modest gains or a low probability of large losses
• ​....and again:  Watch out for those short squeezes up vs sudden outside negative news which could slam the ball down!  This is a good place to lock in gains else remain very nimble and dont blink for too long while screen watching..

well, that's my take for what its worth

We are going up. Lets ride this bull

 

If 1+1 was 2 in trading, it would be easy. But 1+1 is eleven. It shows you that trading cannot be calculated by using stupid academics.

Overbought can be overbought for a long time. Same as Over sold can  be Oversold for a long time.

 

When we are in a bear market, people expect the market to keep falling. When we are in a bull market people still expect the market to fall.

Those who are clever keep buying.

 

Suckers

 

Dance till the music stops.

 

Trading is a mind game, Pshycology

[bear catcher]

Closed all longs. Waiting to short when we start to drop. But when ?z?

[Beorn]

Back in short @ 41225

Added to short @ 41250

 

I'm adding as we climb

[Plasma]

Took a short @ 40932 after taking profit on a long this morning....will keep close eye...not very confident ATM....

Got stopped out and immediate spike down....not nice....

[Tech Trader]

Hope you covering your shorts, as miners up nicely today, go anglo billiton kumba impala etc, sa40 41160 target

[Tech Trader]

Hope you covering your shorts, as miners up nicely today, go anglo billiton kumba impala etc, sa40 41160 target

[Beorn]

Closed @ 41190

I'm expecting a bounce when Ftse opens. Will enter short again higher

 

Back in short @ 41225

[Beorn]

Back in short @ 41200

 

Closed @ 41190

I'm expecting a bounce when Ftse opens. Will enter short again higher

[davidp13]

Dip to what amount?

Sent from my GT-I9300 using Sharenet Sharechat mobile app

[Plasma]

Took a short @ 40932 after taking profit on a long this morning....will keep close eye...not very confident ATM....

[BBW]

We should not see a big drop unless QE wil be tapered.

Lots of talk that Yellen will actually loosen monetary policy, seeing US has low inflation.

Yes, seems that way; that's why I'm waiting for a dip to get out.

[Beorn]

Still sitting with my 14 micro short positions. Been averaging up, but looking for a way out now. Although, must say, been easier trading long on the minis, knowing I'm covered, should something bad happen. I really hope Argento's right.

 

We should not see a big drop unless QE wil be tapered.

Lots of talk that Yellen will actually loosen monetary policy, seeing US has low inflation.