31 votes
Master
Posted 25 September 2013 - 11:17 AM
Morning,
Had enough of shorting the rallies yesterday.
Time to Buy the Dips
Debt ceiling story will go away.
Then the Bull party will continue.
Hi S
You flip-flopping more than a US Democratic Presidential candidate now! What made you change your mind this time?
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Sage
Posted 25 September 2013 - 10:56 AM
Morning,
Had enough of shorting the rallies yesterday.
Time to Buy the Dips
Debt ceiling story will go away.
Then the Bull party will continue.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Artist
Posted 25 September 2013 - 10:40 AM
Hi A..Debt ceiling debate gonna put a spanner in any bullish move at least until Friday me thinks
Yip, me is looking more medium term timeframe so she might dip a little bit more...! 
A
"Never never never give up!"
Master
Posted 25 September 2013 - 10:09 AM
Don't jinx us A!
I see a break of the bottom of the uptrend channel with some nice pullback coming our way.
But took half profit @39408 just in case...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Oracle
Posted 25 September 2013 - 10:09 AM
Don't jinx us A!
I see a break of the bottom of the uptrend channel with some nice pullback coming our way.
Why are you worried? Shorts looking good. Stick to the trend
Alsi future
I only post my views, not advice
Master
Posted 25 September 2013 - 10:01 AM
Nice bullish flag with positive divergence, sorry to spoil the bear party!
Seasonal timeframe also bullish!
A
Don't jinx us A!
I see a break of the bottom of the uptrend channel with some nice pullback coming our way. 
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Artist
Posted 25 September 2013 - 09:47 AM
Nice bullish flag with positive divergence, sorry to spoil the bear party! 
Seasonal timeframe also bullish!
A
"Never never never give up!"
Sage
Posted 25 September 2013 - 09:43 AM
IG CASH
Master
Posted 25 September 2013 - 09:38 AM
With you karl
Ai, BC. If only she wants to crack 39400 and give us at least 400 points.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Sage
Posted 25 September 2013 - 09:17 AM
IG CASH
Master
Posted 25 September 2013 - 09:14 AM
Short @39532
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Oracle
Posted 23 September 2013 - 05:12 PM
Alsi future
I only post my views, not advice
Sage
Posted 23 September 2013 - 10:42 AM
Why i am Bullish on Silver
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 23 September 2013 - 10:33 AM
Fair enough, you're basically trading the range 39380 to 39540 with a bias to the short side...
May just as well trade both - double the profits...
Thats what i am doing, but you are right to say my bias is on the short side.
I still buy the dip, but its not my primary trade.
I see 39400-800 range for now.
FTSE, S&P, DJIA have corrected so much. They just need a catalyst to go up.
And once they go up ALSi will follow. Thats when the short sellers come in.
That does not mean, i wont be with one of the bulls coming with the rally. It just means i might be the 1st one to get off and start pushing it down again. 
Whatever we call it, its still trading weather we buy or sell.
http://www.youtube.c...h?v=AM9V9GEjoy4
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Master
Posted 23 September 2013 - 10:14 AM
A huge move is coming, but my strategy is to short the rallys for the week.
Last week i was buying the dips, this week i short the rallys.
So for everytime it rallys, i will be happy to short.
Fair enough, you're basically trading the range 39380 to 39540 with a bias to the short side...
May just as well trade both - double the profits...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Sage
Posted 23 September 2013 - 10:12 AM
We might have an annoucement of FED Yellen becoming the next Chair this week. Which i will short that rally
FED Dudley today might become dovish and the market will rally. I will short that rally
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 23 September 2013 - 10:07 AM
I agree, I am sticking to my longs, these small range bodies pointing to a huge move up coming...!
A
A huge move is coming, but my strategy is to short the rallys for the week.
Last week i was buying the dips, this week i short the rallys.
So for everytime it rallys, i will be happy to short.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Artist
Posted 23 September 2013 - 09:50 AM
Why would you short a market on low volume?
I agree, I am sticking to my longs, these small range bodies pointing to a huge move up coming...!
A
"Never never never give up!"
Sage
Posted 23 September 2013 - 09:42 AM
We still have to maybe fill the gap created from the 18th
I feel we might have a market rally towards the end of the day.
We have the FED speaking later. That why the market is undecided now.
The other stupid FED came out on Friday and said they will taper next Month.
I think they wont taper.
The debt ceiling story is hanging on stocks also.
So Short the F8cken rally.
Remember that our Markets don't have any volume today, tomorrow is a holiday. Markets will be closed
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 23 September 2013 - 09:20 AM
What happened to "Buy the Dip"?
What made you change your mind? China numbers were good...
K
I feel its the best plan for me now. A good trader does not become bias towards a strategy for the sake of it.
You have to be able to change your phycology at any given moment.
Thats why i say bulls make money, bears make money but pigs get slaughtered.
Never put your mind into a one sided bias mode.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
