35854 replies to this topic

[bear catcher]

Is there anyone else short?

[Sunesis]

Sunesis, you have had some shockers, but this one takes the cake.

 

Traders, be careful of picking up pennies in front of the steam-roller. Long term investors are the ones who make the real money, and traders' brokers - A long term investment in Coronation, Assore, Naspers, Sasol or any other decent investment will have yielded far greater benefits than bouncing in and out of the market in short term bursts - you will get caught eventually, the roller will wipe you out.

That only depends how good of a trader you are, Traders make more money than a single investment in a company.

A person trading coronation probably made more money than a single investor with his money stuck in the stock.

 

Do you really think traders make less than the percentages if those stocks you just mentioned. Traders hit 400% plus of a fund. Do you think Goldman Sachs makes money by just buying a company and hopes it goes up. Do you think those lousy 69% 72% 80% 100% returns of Coronation, Naspers are what big banks are looking for. Then you have a lot to learn about the trading business.

 

Traders are still the highest paid professionals, Ii don't think they get paid for just buying coronation and wait for year end.

[bear catcher]

I said at these levels i will go short so short at 40320

[@sirgrantfleming]

Just buy until it bursts, trust me you will know when it bursts. 

That's why i don't prefer to sleep with long positions open.

 

You should always trade until US session close.

Only the traders who take their trading serious will catch the burst.

Some will wake up and wonder what happened, those will be the ones who will be the biggest loosers.

 

Don't trade stocks when markets are this high, top40 is better because you can close your positions after hours.

You would not want to open with a minus 25% gap on a stock

 

Big market movements always happen when no one expects them.

 

The phycology is simple:

Be fearful when others are greedy, and be greedy when others are fearful

 

The only traders who will  still be around in 10 years time are the ones who survive each battle while never trying to win the war

 

 

 

 

Investors will loose money, traders will make money.

Sunesis, you have had some shockers, but this one takes the cake.

 

Traders, be careful of picking up pennies in front of the steam-roller. Long term investors are the ones who make the real money, and traders' brokers - A long term investment in Coronation, Assore, Naspers, Sasol or any other decent investment will have yielded far greater benefits than bouncing in and out of the market in short term bursts - you will get caught eventually, the roller will wipe you out.

[joker]

Sunesis, I'm confused. How do you close your ALSI position after hours or when the US market closes. Does the market on the ALSI not close at 5:30? Sorry if this is a noob question.

[Sunesis]

Sunesis

 

How will we know when it burst?

 

O

Just buy until it bursts, trust me you will know when it bursts. 

That's why i don't prefer to sleep with long positions open.

 

You should always trade until US session close.

Only the traders who take their trading serious will catch the burst.

Some will wake up and wonder what happened, those will be the ones who will be the biggest loosers.

 

Don't trade stocks when markets are this high, top40 is better because you can close your positions after hours.

You would not want to open with a minus 25% gap on a stock

 

Big market movements always happen when no one expects them.

 

The phycology is simple:

Be fearful when others are greedy, and be greedy when others are fearful

 

The only traders who will  still be around in 10 years time are the ones who survive each battle while never trying to win the war

 

 

 

 

Investors will loose money, traders will make money.

[Beorn]

The whole forum is long.

Its getting scary.

 

I wonder what Goldman Sachs, Blackrock, JP Morgan, Barclays are thinking. They are probably saying lets tip over this boat. Lets crash this baby back to the great depression and make money while we are at it.

 

As long as FED is printing, we will continue higher. And expectations are we will only see tapering maybe start in 2014, so we will keep going until then, IMO

[OceanWalz]

in this confusing upside downside news effects: the NFEmployment change  seems to be expected at 176K  - what would traslate into higher, or even a small gap up in S&P500 - recent past a lower or neg number meant delayed taper but now delayed taper is priced in and higher nums probably means a less a less delayed, but still not this year, taper start - confusing! 

Edited by OceanWalz, 22 October 2013 - 11:35 AM.

[Olymphia]

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

A

 

Thanks for sharing.

 

Hope u make tons of cash.

 

O

[Sunesis]

The whole forum is long.

Its getting scary.

 

I wonder what Goldman Sachs, Blackrock, JP Morgan, Barclays are thinking. They are probably saying lets tip over this boat. Lets crash this baby back to the great depression and make money while we are at it.

 

[Olymphia]

History tells us that 1929, Dot.com and 2008 crash were like this.

If you look at the NASDAQ, its hitting all time highs everyday. Google,Apple and Netflix are the front Runners, technology bubble.

Britain is having a housing bubble again.

 

One way to see that bubbles always burst, is too look at our resource shares.

What i like about all the bubble talking is that buy until it bursts, no reason to be superman and try to short.

Sunesis

 

How will we know when it burst?

 

O

[Argento]

History tells us that 1929, Dot.com and 2008 crash were like this.

If you look at the NASDAQ, its hitting all time highs everyday. Google,Apple and Netflix are the front Runners, technology bubble.

Britain is having a housing bubble again.

 

One way to see that bubbles always burst, is too look at our resource shares.

What i like about all the bubble talking is that buy until it bursts, no reason to be superman and try to short.

The saying is markets are at there strongest before the top of a bullmarket..so this could very well be a blow off top, million dollar question is how high??

 

The SPX is only getting started and the DOW is lagging, if they catch up we will just see her going higher and higher, luckily markets don't just drop without a top, and with no patttern in sight I'm riding her up!

 

Should see a ziggy zaggy November and possibly the final top then in December!!? If the cycles align correctly January should kick off the long awaited bear leg...but let's take it week for week!

 

A

[Lekkerry]

Thanks for replying.

 

All my indicators for a short are immediately invalidated after it triggers.

 

The funny money is really doing its thing. You cant fight the FED. As long as they are printing we will keep climbing.

[Lekkerry]

Nope, the market doesn't care about my TA skills.

 

Short is relinquished. Not willing to ride it any longer.

 

The 1h, 15m, 5m and the 1m are all now in excessive overbought territory - you can't fault a intraday trade short now. The only question is, does the market care?

[Sunesis]

And they are irrationally bullish because the FED is giving them money for free.

History tells us that 1929, Dot.com and 2008 crash were like this.

If you look at the NASDAQ, its hitting all time highs everyday. Google,Apple and Netflix are the front Runners, technology bubble.

Britain is having a housing bubble again.

 

One way to see that bubbles always burst, is too look at our resource shares.

What i like about all the bubble talking is that buy until it bursts, no reason to be superman and try to short.

[OceanWalz]

And they are irrationally bullish because the FED is giving them money for free.

Isn't this the stuff a blow off top is made out of ?!

[Beorn]

 

It doesn't really matter if you think that markets are "too high". The big US-based institutional money is bullish

 

 

And they are irrationally bullish because the FED is giving them money for free.

[Sunesis]

It doesn't really matter if you think that markets are "too high". The big US-based institutional money is bullish

 

[Beorn]

Jakes, you around (and short?), I need some support in my short-madness, please!

 

All my indicators for a short are immediately invalidated after it triggers.

 

The funny money is really doing its thing. You cant fight the FED. As long as they are printing we will keep climbing.

[Sunesis]

Most of the time markets start pulling back when bears become bulls. 

I worry when i see Bears become bulls. That's when i sit out.

 

 

How to find Bull tops:

Signs of high consumer comfidence

Low Levels of volitility VIX below 13%

When stock market reaches cover of Time magazine

 

Some Market Facts:

 

October has been one of the best performing months in the past 15 years.

May to October has produced the poorest returns.

We have had 25 bear markets in 79 years.

If you have bought the S&P everytime it fell 20% below 200MA, one month later you would have made money

The last Monday of March, markets tend to correct