35854 replies to this topic

[K~~]

See were the ALSI goes. 

 

Up up up up we go.

 

Thats why buying the dip is a no brainer.

The trend is your friend

 

OK, OK Sunesis and A. I get it! Closed my short from yesterday @39500 for 190 points green.

 

K 

[Sunesis]

I agree!!

 

Patterns...all about patterns, that is the key to trading the ALSI successfully..and a lot of other stuff!

 

Study these 2 charts carefully, you will see in both cases you have a double bottom (Dow massive), went through the previous high ,made a return move and commenced on a insane rally upwards...the indexes is in that rally now with lots more upside to come!

 

Shorts will only be caught with their pants down, trend is up and looks like it for a while longer!

 

US is making a wedge and should break-out to the upside in October, and we will lead!

 

I am long and staying long now!

 

A

See were the ALSI goes. 

 

Up up up up we go.

 

Thats why buying the dip is a no brainer.

The trend is your friend

[Lekkerry]

The politician in me wants to say: YES and NO!

 

But isn't capitalism built on the principle of borrowing (debt sound like such a nasty word)? 

 

Sometimes me longs for the days when gold and the likes backed trade! Printer-backed money makes one feel rather nervous (unless you sell and support those uber printing devices   )?

 

Prepair your self, the world is headed for a financial melt down...

 The biggest mountain of debt can be found in the United States.
30 years ago, the national debt was a little bit above a trillion dollars.
At this point, the U.S. already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain. And since Barack Obama entered the White House, the debt to GDP level has soared to unprecedented heights.

 

[Argento]

Why you should just continue buying.

 

Problem is listening to a lot of news.

 

Just go with the trend. Until the trend changes then change with it.

 

http://www.youtube.c...h?v=ea7POA68MbY

I agree!!

 

Patterns...all about patterns, that is the key to trading the ALSI successfully..and a lot of other stuff!

 

Study these 2 charts carefully, you will see in both cases you have a double bottom (Dow massive), went through the previous high ,made a return move and commenced on a insane rally upwards...the indexes is in that rally now with lots more upside to come!

 

Shorts will only be caught with their pants down, trend is up and looks like it for a while longer!

 

US is making a wedge and should break-out to the upside in October, and we will lead!

 

I am long and staying long now!

 

A

[Sunesis]

Why you should just continue buying.

 

Problem is listening to a lot of news.

 

Just go with the trend. Until the trend changes then change with it.

 

http://www.youtube.c...h?v=ea7POA68MbY

[Sunesis]

39350-500 levels are good for a long. I like these kind of setups. Bulls dream

 

If we get good news from China Monday morning, i can see us starting the week very bullish.

These type of setups are for the brave.

 

All i can say is Buy the f8cken dip.

 

http://www.youtube.c...h?v=jllJ-HeErjU

 

[OceanWalz]

Anyone looking @ 39350 for a bounce?

see a support of kind there 39370-20ish area T40spot - thanks for pointing out - will take a nibble long on it

Edited by OceanWalz, 20 September 2013 - 09:26 AM.

[Sunesis]

http://www.usdebtclock.org/

 

The world need debt. Without debt then we will stop civilization

[Ninja]

japans national debt 2 months back was 1 quadrillion yen.....

[Pierra]

I don't want to sound too stupid, but have they cancelled the ALSI 

[Beorn]

Prepair your self, the world is headed for a financial melt down...

 The biggest mountain of debt can be found in the United States.
30 years ago, the national debt was a little bit above a trillion dollars.
At this point, the U.S. already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain. And since Barack Obama entered the White House, the debt to GDP level has soared to unprecedented heights.

 

That seems a little gloomy for a Friday morning.

 

US will just keep going, there debt has been climbing for a long time, with no negative impact, we will have to wait for that bubble to burst also, before we can profit from it.

[HendrikB]

Prepair your self, the world is headed for a financial melt down...

 The biggest mountain of debt can be found in the United States.
30 years ago, the national debt was a little bit above a trillion dollars.
At this point, the U.S. already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain. And since Barack Obama entered the White House, the debt to GDP level has soared to unprecedented heights.

 

how do i prepare myself?

[zoner]

Prepair your self, the world is headed for a financial melt down...

 The biggest mountain of debt can be found in the United States.
30 years ago, the national debt was a little bit above a trillion dollars.
At this point, the U.S. already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain. And since Barack Obama entered the White House, the debt to GDP level has soared to unprecedented heights.

[bear catcher]

Well done on that long now let the shorts rule!?

[bear catcher]

Thanks chubby I thought I missed something. I am short atm and getting realy sick of record highs,luckily made good on long but now started going short. Market just to high for me to take a long, well I felt like this 2000 down,really don't want to be wrong a loose again.Are you still short waiting for that 4000 fall?

[bear catcher]

Well that and another event coming up

 

Hi Chubby what other events are you referring to?
 

[Beorn]

Imo, Part of the Fed's decision not to taper has to do with the debt ceiling in US, that is fast approaching. Think they want to take one thing at a time

[OceanWalz]

I have to disagree with you. That is a US$ issue, not a ZAR issue. Look at Indian R and Aus $.

Hiking rates in SA will fuel the carry trade; the ANC and what is left of Cosatu/Num will not tolerate a strong currency between now and the next election.

so what do youi think they are likely to do? I mean our productivity relative to our main trading partners is slip sliding away - the Chinese jsut about told Zuma ( on the brink starting to kiss babies and promise the world to workers for next years election) to stop this constant striking  nonsense or else will invest else where - the reserve bank probably wont embark on a currency purchase / protection program as it is shown not to work effetively - maybe even feds QE continuation was also with the emerging countries in mind ( see their recent meeting)  ---- well I guess one should start looking at construction shares as it has higher workers per R1M invested. 

[bear catcher]

Jakes imo your short may turn out very good, traders in US coming to their senses and turning red, same market as 2 days ago when short was the way to go.All same reasons for short still in action, I know now the guys are all gonna give me gas for the long argeument. **** I allmost ended as bacon today but my bear skin is still bearly intact.

[Beorn]

I have to disagree with you. That is a US$ issue, not a ZAR issue. Look at Indian R and Aus $.

Hiking rates in SA will fuel the carry trade; the ANC and what is left of Cosatu/Num will not tolerate a strong currency between now and the next election.

 

Was just a mind fart.