I dont know about the short yet, I am going to wait for confirmation
Sticking to my rules.
Funny money might through a spanner in the bear's wheels.
Posted 31 October 2013 - 03:08 PM
I dont know about the short yet, I am going to wait for confirmation
Sticking to my rules.
Funny money might through a spanner in the bear's wheels.
Alsi future
I only post my views, not advice
Posted 31 October 2013 - 02:52 PM
I'm gathering shorts from these levels... Couldn't quite get to my target of 40880, but if she goes there will add.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 31 October 2013 - 02:31 PM
Sunesis
What happens if we break 41000?
O
I don't think we will break it before a correction comes
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 02:28 PM
It happened yesterday.
We closed lower than Tuesday's low and went higher than Tuesdays high.
If you are a Bull you sit with cash. If you are a bear you can short with stops around 41000. We might hit 40 000 tomorrow.
The secular bull market is firmly in place thus, any pause at this time is deemed a secondary correction and also a buying opportunity.
A secondary correction will start today going into tomorrow.
It might not be deep but, i would suggest bulls to sit out until we get to the 39800-40000 area. That;s were dips can start being bought.
Bears can now feel safe selling above 40700. But they must take what they can get
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 02:27 PM
Posted 31 October 2013 - 02:27 PM
It happened yesterday.
We closed lower than Tuesday's low and went higher than Tuesdays high.
If you are a Bull you sit with cash. If you are a bear you can short with stops around 41000. We might hit 40 000 tomorrow.
Tuesdays low was 40381. Wednesdays close was 40562 . That looks like higher so i am guessing that theory is not for today ??
Posted 31 October 2013 - 02:21 PM
When can we expect this master S ?
It happened yesterday.
We closed lower than Tuesday's low and went higher than Tuesdays high.
If you are a Bull you sit with cash. If you are a bear you can short with stops around 41000. We might hit 40 000 tomorrow.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 02:15 PM
PUMP AND DUMP
Outside Day Defined: the intra-day high is higher & the intra-day low is lower than the previous day. This sets the stage for a correction
Yesterday the S&P 500 and the 10 S&P Sectors all experienced their own outside days. This reversal is broad based
When can we expect this master S ?
Posted 31 October 2013 - 02:08 PM
PUMP AND DUMP
Outside Day Defined: the intra-day high is higher & the intra-day low is lower than the previous day. This sets the stage for a correction
Yesterday the S&P 500 and the 10 S&P Sectors all experienced their own outside days. This reversal is broad based
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 01:42 PM
Thanks S.
I must say, I am a bear @ heart.
I have to fight myself every trade I go long.
Today might be pump and dump day. They will push the market up when US session opens and dump them later.
Bears look for shorts.
Bulls must just be in cash for now. Those who got the morning dip.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 01:29 PM
Jakes you are a pro. Most traders find it difficult to change their minds.
Buying and selling is a skill.
I've only mastered the buying side. I still need to programm my sell side.
Problem with me, i would rather buy something that dips. I find it difficult to sell even though i know it will drop.
Thanks S.
I must say, I am a bear @ heart.
I have to fight myself every trade I go long.
Alsi future
I only post my views, not advice
Posted 31 October 2013 - 01:00 PM
Closed the rest @ 40955 and long @ same
Jakes you are a pro. Most traders find it difficult to change their minds.
Buying and selling is a skill.
I've only mastered the buying side. I still need to programm my sell side.
Problem with me, i would rather buy something that dips. I find it difficult to sell even though i know it will drop.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 11:19 AM
Closed half of short @ 40980
Closed the rest @ 40955 and long @ same
Alsi future
I only post my views, not advice
Posted 31 October 2013 - 11:06 AM
Closed long @ 41050 and short same
Again, I dont expect a lot from the short.
Closed half of short @ 40980
Alsi future
I only post my views, not advice
Posted 31 October 2013 - 10:51 AM
Closed @ 40925 and long @ same
Closed long @ 41050 and short same
Again, I dont expect a lot from the short.
Alsi future
I only post my views, not advice
Posted 31 October 2013 - 10:42 AM
I think there will be less US jobless results this afternoon which would mean we should go up even more into tomorrow ... I say this because there was more jobless on the 24th ... my 2c
Posted 31 October 2013 - 10:31 AM
Yip well done dip buyers. Made 30 points off a quick short now. Now to step back and take a breather.
Posted 31 October 2013 - 10:30 AM
Hidden Treasure Setup "Dow"
This might happen around January to March.
Entry point will be around 16300-16700 will be more accurate as we approach higher
https://pbs.twimg.co...AAhgC.png:large
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 10:24 AM
Keep buying
The FED is a Fluke!!!!!!!!!!
Those who bought the dip, good for you.
The most important skill and most extraordinary one is the simple ability to change your mind when the facts change
Be fearful when others are greedy, and be greedy when others are fearful
It might be a pump and dump day, just make sure you are out of your longs before US open.
Viva La Bull
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 31 October 2013 - 10:22 AM
IG CASH