35854 replies to this topic

[K~~]

Bought the dip @39192.

 

Someone grabbed my long @39230. Thanks!

[Argento]

This is a very dangerous setup, we have 3 higher highs in price and 3 lower lows on the RSI..look what happend previously. 

 

Not that it could not be invalidated but protect your capital!

 

1630 is the line in the sand, if broken it is goodbye mr bullmarket!

 

A

 

 

[Plasma]

I have bought dips before, when I THOUGHT the bottom was in etc....and got burned big time....sure, if you have a massive trading account and can take hundreds of points against you....you can ride it out. My logic just says...if you can use PA to inform your trade decisions, why risk another number of points against you, if you could actually have gained from it by getting in later when PA provide you with a high probability reversal entry scenario?

[Beorn]

Charts suggest not a buy the dip scenario, she might go down more than you think, being aggressive with the ALSI will only get you scorned.

 

Weekly reversal candle, engulfing candles and a 18 week cycle low later in the month together with the US debt ceiling approach it is risk on!

 

Just my 2c..

A

 

I'm also holding on to my short for now. Things looking weak IMO.

Had a +-400 point drop in 30 mins.

That doesn't look bullish to me

[Olymphia]

Agento

 

Whats your target buy price?

 

Chubby

 

Thanks for the thumbs up, for your out.

 

Argento

 

Hope your guts pays off.

 

O

[Argento]

Its not about the candles, its about being an aggressive trader. 

Buying when its low and selling high. 

Buy when everybody is scared.

 

Separate the man form the boys.

 

If it goes against you. That's life you try again.

 

With this bull market it will always comeback up. It might take an 1hour, 1day, 1week, 1month, 1 year but it will come back up.

 

Remember bull markets last longer than bear markets.

For the past 100 years markets have been in Bull Markets more than bear market.

 

So put your manhood on and buy the dip

Charts suggest not a buy the dip scenario, she might go down more than you think, being aggressive with the ALSI will only get you scorned.

 

Weekly reversal candle, engulfing candles and a 18 week cycle low later in the month together with the US debt ceiling approach it is risk on!

 

Just my 2c..

A

Edited by Argento, 02 October 2013 - 10:18 AM.

[saint1]

 

So put your manhood on and buy the dip

lol, put the strapon on and bought the dip at 39440

[Sunesis]

Not liking the candles..Out at 39225

Its not about the candles, its about being an aggressive trader. 

Buying when its low and selling high. 

Buy when everybody is scared.

 

Separate the man form the boys.

 

If it goes against you. That's life you try again.

 

With this bull market it will always comeback up. It might take an 1hour, 1day, 1week, 1month, 1 year but it will come back up.

 

Remember bull markets last longer than bear markets.

For the past 100 years markets have been in Bull Markets more than bear market.

 

So put your manhood on and buy the dip

[Redeemer]

Ag, I'm dip also @ 39200

[K~~]

Need to add from another dip at 39220 if it gets there

 

Add every 100 points down

 

Bought the dip @39192.

[Sunesis]

Anybody wanna buy the dip with me.

 

Bought the dip 39320

Need to add from another dip at 39220 if it gets there

 

Add every 100 points down

[Olymphia]

Sunesis

 

I really like your guts.

 

All the best with the trade.

 

O

[Sunesis]

Anybody wanna buy the dip with me.

 

Bought the dip 39320

[K~~]

Im closing it @ 39540..I suspect the J200 will gap up today but 39600 but be the ceiling before we head down to 39180 again

 

Unless there's a new catalyst I'm selling the rally today.

[Trainee Trader]

Satrix top 40 website: http://www.satrix.co...s/satrix40.aspx

 

Click on View Basket Constituents

 

Thanks! Much appreciated.

[WhatsUp]

Satrix top 40 website: http://www.satrix.co...s/satrix40.aspx

 

Click on View Basket Constituents

[Trainee Trader]

Anyone know where i can find a list of the TOP 40 companies with their respective weightings?

[delta66]

ok.... got me some gold stocks this afternoon and made some big shorts on retailers..... now just wait for the reality, panic to set in. US has some serious challenges, and me thinks a good correction is warranted given the charts. this debacle and that of debt ceiling is just beginning and October may just give the down leg the alsi has been waiting for.

i've also started taking a stake in gold stocks..if or rather when it turns, payoff will be big

[zoner]

ok.... got me some gold stocks this afternoon and made some big shorts on retailers..... now just wait for the reality, panic to set in. US has some serious challenges, and me thinks a good correction is warranted given the charts. this debacle and that of debt ceiling is just beginning and October may just give the down leg the alsi has been waiting for.

like a !

[Ninja]

ok.... got me some gold stocks this afternoon and made some big shorts on retailers..... now just wait for the reality, panic to set in. US has some serious challenges, and me thinks a good correction is warranted given the charts. this debacle and that of debt ceiling is just beginning and October may just give the down leg the alsi has been waiting for.