The bulls are getting it in the b@lls!
Ja Zoner.....don't mind getting whacked if I made wrong decisions....but this felt like a major flush out of longs. Not nice

Posted 09 October 2013 - 07:03 AM
The bulls are getting it in the b@lls!
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 08 October 2013 - 11:02 PM
Thats the only futures index I could see spiking at 21:30...but a .25% spike in the VIX doesn't translate to a 1% drop in our charts..It didn't even pierce Resistance levels
All i can see is a lot of mayham when the JSE opens. Resource shares might be hit the most.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:45 PM
I'm wondering if we will see this big drop translated to futures market tomorrow morning. If not, market makers are hunting stop losses big time tonight.
Talk ok the volitility index spiking. Maybe it shook the ALSI and other EM markets a little bit
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:41 PM
It does look like a flush out doesn't it..And the one time I have a freakin stop loss in place. Well A did say look out below earlier this evening
The Dow is marching downwards too. The only way to find out if its a global sell off is to see what Asia does.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:27 PM
And can someone please try and find out wtf happened?I'm wondering if we will see this big drop translated to futures market tomorrow morning. If not, market makers are hunting stop losses big time tonight.
Alsi future
I only post my views, not advice
Posted 08 October 2013 - 10:23 PM
Our market just caught a wake up and follows world markets. Europe futures allso very red, well lets blame QE the republicans, the FED or every scared investor.A bounce and some more red tomorrow!
Stocks will open with a big GAP.
Investors will get scared.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:19 PM
IG CASH
Posted 08 October 2013 - 10:19 PM
I will go long @ 38140 though..Stop @ 38000..Dont quite know what the hell happened there..Longgggggggggg time since we saw a 400 point red candle after hours. Don't know why we dropped? so I don't know why we couldnt bouce as well..
Buy the dip will have to take a back seat.
It reminds me of the time gold droped. Unexplained drops like those are crazy. Even for a risk taker like me.
It will be interesting how the S&P and Dow will trade in Asia. I just have to see this. Will probably sleep @ 03h30AM and wakeup 08h30
Most crashes that happened started in Asian session. If you see the Heng Seng and Nikkei drop. Just know that something big is brewing.
Even a bull knows when to sit out. Rather wait for dust to settle.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:09 PM
When it starts falling like this, it's best to get out.
Just have to wait for it to bottom and find a base.
I have to trade Asia tonight.
Just have to see what the Nikkei does.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:04 PM
Yep 50 day MA taken out...im out @ 38300
I also jumped out. No explanation for drop.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 10:02 PM
ALSI Bleeding heavy. Its looks like the other markets are stable. Only ALSI
Why did we fall a 100 points or so? S&P stayed roughly the same?
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 08 October 2013 - 10:01 PM
Why did we fall a 100 points or so? S&P stayed roughly the same?
ALSI Bleeding heavy. Its looks like the other markets are stable. Only ALSI
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 09:59 PM
IG CASH
Posted 08 October 2013 - 09:58 PM
Sunesis are you short? What is you target? Things looking bad ,but when US solves the Debt problems i feel we will rocket ?
I only have one trade left. My other two got stopped.
I will hold on to the trade and see.
As i said market only crashes or pullsback for a short time, but bull trends last longer. I guess this is the time, when bears are in.
I looks like the bears are in. Key supports have been taken out on all indices. Best to just have one long for the rally.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 09:56 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 08 October 2013 - 09:52 PM
IG CASH
Posted 08 October 2013 - 09:49 PM
Is there anyone still buying the dip?
Took a loss
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 08 October 2013 - 09:44 PM
IG CASH
Posted 08 October 2013 - 09:43 PM
Reid to introduce clean debt-ceiling bill Tuesday
Huge technicals broken
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.