Good one
US market tanking, maybe ALSI will follow
Thanks O and S!
Might get some weakness but no top so think the tuning up will continue into November..!
A
Posted 22 October 2013 - 04:57 PM
Good one
US market tanking, maybe ALSI will follow
Thanks O and S!
Might get some weakness but no top so think the tuning up will continue into November..!
A
"Never never never give up!"
Posted 22 October 2013 - 04:56 PM
FTSE,DOW,DAX,NASDAQ falling or correcting who knows. if you have a long its better to get out.
Play wait and see mode
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 04:46 PM
well done A!
Good one
US market tanking, maybe ALSI will follow
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 04:41 PM
Close enough...taking some mula!
A
well done A!
Posted 22 October 2013 - 04:39 PM
Over the past couple of weeks Washington, not Wall Street, has been the center of the investing world. Every move by congress was viewed through a microscope and any time the street saw a potential bug, the market quickly sold off.
The bad news is the process is expected to begin again in less than eight weeks and unless the politicians fear more of the endless wind might result in them losing their job you can be sure there will be more of the same volatility.
The good news, believe it or not, is this kind of environment actually returns good results in the market. You read that correctly, high unemployment and the Fed pumping money into the banking system. Over the past 75 years since records have been kept, anytime unemployment is over 6% and the Fed is filling the punch bowl the average annual gain in equities is over 13%!
How is it possible that history shows investors buy stocks when the world is in turmoil?
The answer is our old friend expectation. The market works on future expectations. If investors believe the future will be better than the present they are in a mind to buy equities. When the reverse happens they begin to sell them.
In 2008, when the worldwide financial markets had a meltdown, it was preceded by the selloff in the market. In March of 2009, while the market was at the absolute bottom, the world never looked worse. All major indicators pointed to more turmoil, but the market turned and except for a couple of corrections never looked back.
So we are now at a point where the market is at the top of a five-year bull, we have unemployment above 6% and interest rates are still near a thirty-year low. Does this mean in the next twelve months we will go 13% higher
The past tells us we will, but who knows where the future will lead us
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 04:38 PM
IG CASH
Posted 22 October 2013 - 04:32 PM
If you're happy to sit at your desk and not take any risk, you'll be sitting at your desk for the next 20 years
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Bought the dip 40420
Stop 39900
Target: money, load of money
Sometimes you have to get out of the way or face getting run over
Dips are always there, you just need to b#lls
1 Million LOL's to the bears
Viva La Bull
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 04:31 PM
Crash and burn. Short at 40916.
Posted 22 October 2013 - 04:29 PM
Jy vra!
Just saw IGM ALSI figures now ...how in the world ????!!!!!!
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 22 October 2013 - 04:27 PM
I'll take some profit around 41000 (J200) but going to leave her till first week into November, the period from now until then is seasonally bullish, and charts confirm!40300 (J200 old high) is strong support now!
A
Close enough...taking some mula!
A
"Never never never give up!"
Posted 22 October 2013 - 04:24 PM
Is now the time for a short? It's standing on stilts at the moment. Just one nudge.
Posted 22 October 2013 - 04:21 PM
IG CASH
Posted 22 October 2013 - 04:20 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 22 October 2013 - 04:17 PM
Sheesh did I get burnt with my short today. There are no dips. And even the spikes can't be shorted. Just watch the money run away.
Posted 22 October 2013 - 04:14 PM
Eish...missed the dip...attend some one lousy meeting and the dip is gone!
Posted 22 October 2013 - 03:43 PM
If you're happy to sit at your desk and not take any risk, you'll be sitting at your desk for the next 20 years
Bought the dip 40420
Stop 39900
Target: money, load of money
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 03:31 PM
Problem is, where do you put the money you make from trading??? Saving is useless, and buying stocks at these levels just means you are buying the bubble.
Any good suggestions out there where to park (invest) your hard-earned cash?
The biggest lie or advise in the world is to save cash. Don't listen to any advise of someone telling you to save cash.
Money needs to be used to aquirre assets. In fact you should go to the bank and get more loans. Use the loans to be rich, loan are other peoples money.
Once you have the cash, use it to buy land,property and put some in places were you will benefit when a depression comes. Agriculture is best, don't buy a agriculture stock but rather own a farm and produce. Low cost property will help you when people cannot afford to buy homes, so they will be forced to rent. You will be making a money in a depression.
Since all the money is going to the stock market and not getting in the real economy for example production of food, we will have a food shortage. Your investment in food will make you money.
To find other clues on were to put your money, follow what other capitalists like Koos Bekker, Jannie Mouton, Christo Weisie are doing. They tend to know trends before anybody because they are part of the wealthy cartel
The conventional person will get a loan to consume or spend. Get a loan to make yourself rich while QE is still around.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 03:10 PM
I'm sitting out until NFP. I've brought the market this far, now its time to go back to cash for a few hours until i see a good trade.
Although i have a long on WTI Oil at the moment
The power of diversification.
Although i had no ALSI trade today
Take at look at Gold and Oil.
Run Bear Run
Viva La Bull
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 October 2013 - 03:01 PM
I was actually watching this clip as the JOBS data broke, and see how QE reliance has driven markets up. Central banks have distorted the markets so badly, that even bad news is good news, tell that to your kids in 20 years and see what response you get.
Problem is, where do you put the money you make from trading??? Saving is useless, and buying stocks at these levels just means you are buying the bubble.
Any good suggestions out there where to park (invest) your hard-earned cash?
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 22 October 2013 - 02:51 PM
This is a horror flick!
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet