Bought the dip 39843

ALSI Trades
#28921
Posted 18 October 2013 - 09:33 AM
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
#28922
Posted 18 October 2013 - 09:20 AM
I still cant believe anyone relies on Chinese data.
Someone should rather use indicating data to calculate what China GDP is most likely to be. Like using electricity consumption, imports at the countries that China exports to, etc, that kind of data.
I think we would then get a better view of their growth.
We cant rely any data from any gov. The US might be the worst. Even the FED cannot make projections about their own economy. They bad mouth China to make themselves feel better. At least China has no bills to pay.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
#28923
Posted 18 October 2013 - 09:07 AM
We are down to our last contract in 5, one being kept in hand in-case IG T40 cash keeps going a little higher, but usually at this stage things will get a bit tired with a quick short in the works before we resume another long. The bull is very much alive...
So we should b lining up a short, right about now?
O
#28924
Posted 18 October 2013 - 09:06 AM
I still cant believe anyone relies on Chinese data.
Someone should rather use indicating data to calculate what China GDP is most likely to be. Like using electricity consumption, imports at the countries that China exports to, etc, that kind of data.
I think we would then get a better view of their growth.
Alsi future
I only post my views, not advice
#28925
Posted 18 October 2013 - 09:03 AM
You know what happened to the croc (alligator)?
https://www.facebook...759761820706272
Still no position...waiting .... Crocodile mode
Can't watch on pad ....requires flash....will check out this evening

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#28926
Posted 18 October 2013 - 08:54 AM
Yip, so at least till end Jan 2014 we dont have to worry about tapering.
I'm long @ 40030. We might drop a bit, but I will then just add to it. Free money will keep equities shooting the lights out.
I bought some gold today also.
I will look to ad to my gold lower.
Yelen should be good for gold
Closed half of my long @ 40240
Alsi future
I only post my views, not advice
#28927
Posted 18 October 2013 - 08:54 AM
We are down to our last contract in 5, one being kept in hand in-case IG T40 cash keeps going a little higher, but usually at this stage things will get a bit tired with a quick short in the works before we resume another long. The bull is very much alive...
PowerStocks Research Corp
www.powerstocks.co.za
"The JSE like you've never seen before!"
#28928
Posted 18 October 2013 - 08:53 AM
You know what happened to the croc (alligator)?
https://www.facebook...759761820706272
Still no position...waiting .... Crocodile mode
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#28929
Posted 18 October 2013 - 08:48 AM

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#28930
Posted 18 October 2013 - 08:43 AM
Blimey mate, missed it by 20 points!
Seems IGM wants to make 40 000 before opening ....
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#28931
Posted 18 October 2013 - 08:12 AM
Seems IGM wants to make 40 000 before opening ....
Seems IGM wants to make 40 000 before opening ....
Lucky i kept my 1 long yesterday. I'm riding the bull.
For those who are waiting for a crash they will wait forever.
Every short position will get crushed. Its been crushed since 2009.
http://www.youtube.c...h?v=hogIHaUkmEA
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
#28932
Posted 18 October 2013 - 07:35 AM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#28933
Posted 18 October 2013 - 07:27 AM
Let's see how correct my current market indicators are, but today should see ALSI steamroller the Top40 (J200) all time high, at least double the gains had yesterday, for today.
No position atm, but will look for a pull-back of sorts before entering.
Echo your last statement.....and keeping an eye on the 0830 spike down opportunity should it materialize....
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#28934
Posted 18 October 2013 - 07:24 AM
No position atm, but will look for a pull-back of sorts before entering.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#28935
Posted 18 October 2013 - 06:43 AM
Alsi's June - Sept uptrend was broken so could this only be a re-test of trendline? or will this fester until santa comes out to play!!
#28936
Posted 17 October 2013 - 09:57 PM
S&P 500 ALL-TIME HIGH
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
#28937
Posted 17 October 2013 - 09:45 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#28938
Posted 17 October 2013 - 05:10 PM
Hi O,
I won't chase the market higher from here, there should be a 500 point drop upon us (return move) into next week, then throw the kitchensink into longs, she pushed hard since last week, let her breath....
A
A pullback will come, those who can stand more than 1000point drops on their accounts should just keep buying.
Its best to sit aside if you think your account will be compromised
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
#28939
Posted 17 October 2013 - 05:09 PM
Hi O,
I won't chase the market higher from here, there should be a 500 point drop upon us (return move) into next week, then throw the kitchensink into longs, she pushed hard since last week, let her breathe....
A
39400 should be a good entry for those longs...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#28940
Posted 17 October 2013 - 05:07 PM
Is it good to buy this dip, or more drop expected?
Everydip is a buy, you just have to risk at least when your MACD is low to pull the trigger.
Or its sitting next to S1,S2,S3 or Pivot
You have to be fast to catch it low and pull the trigger
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.