31 votes
Sage
Posted 19 September 2013 - 04:59 PM
would do same , except I see risk taht , watching the S&P500, i will pullback just for the proverbial goodbey kiss and then carry on marching north maybe not far but even if to 1748 it'l be risk for me - so I am neutral but do expect it to try 1730 at least again!
Dont fight the trend.
The trend is your friend.
Just took another long now.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Advanced Member
Posted 19 September 2013 - 04:51 PM
Seems like it is already starting to be priced into our currency.
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.
The Oracle
Posted 19 September 2013 - 04:38 PM
I'm Short @ 40030
Alsi future
I only post my views, not advice
Master
Posted 19 September 2013 - 04:38 PM
Short @39690. Will keep this open until end of the month.
would do same , except I see risk taht , watching the S&P500, i will pullback just for the proverbial goodbey kiss and then carry on marching north maybe not far but even if to 1748 it'l be risk for me - so I am neutral but do expect it to try 1730 at least again!
Sage
Posted 19 September 2013 - 04:37 PM
It that the des futures you are referring to?
Not the Des futures
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 19 September 2013 - 04:22 PM
I'm liking this range 39650-39780
Preparing for another long
Took another long 39670
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Advanced Member
Posted 19 September 2013 - 04:15 PM
It that the des futures you are referring to?
Sage
Posted 19 September 2013 - 04:13 PM
I'm liking this range 39650-39780
Preparing for another long
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 19 September 2013 - 04:09 PM
Looking to buy between 39600 and 39650 area for scalp
Closed my scalp long for 70points
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
The Oracle
Posted 19 September 2013 - 04:08 PM
Not long before we see an interest rate hike in SA.
Seems like it is already starting to be priced into our currency.
Alsi future
I only post my views, not advice
Newbie
Posted 19 September 2013 - 04:05 PM
What do you think of shorting Pick n Pay.
They will be reporting results mid October.
Everyone is eating their breakfast. Have made good money going long in the past but would not touch them for another six months until they get their costs under control. Like the new CEO and believe they can rise again but not now. Having sais that the silly season is only 2-3 months away and All retailers should increase.
Member
Posted 19 September 2013 - 03:54 PM
Not long before we see an interest rate hike in SA.
Please don't say that... It has to happen eventually, just hope it takes a while longer.
IG Cash
The Oracle
Posted 19 September 2013 - 03:44 PM
Not long before we see an interest rate hike in SA.
Alsi future
I only post my views, not advice
Sage
Posted 19 September 2013 - 03:24 PM
Looking to buy between 39600 and 39650 area for scalp
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 19 September 2013 - 03:00 PM
I've had enough of this market. Got into whl @ 61.04 and tru @ 82.43 both cfd's for 6000 each. Sold both today. Cannot understand why jse so excited because things re QE stay the same. Yes I understand that Ben was considering tapering to 75 billion.
The timing on the above retailers is all wrong and will watch for the pullback over the next 2 weeks. Being a cautious trader I won't be shorting tomorrow.
What do you think of shorting Pick n Pay.
They will be reporting results mid October.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Newbie
Posted 19 September 2013 - 02:47 PM
I've had enough of this market. Got into whl @ 61.04 and tru @ 82.43 both cfd's for 6000 each. Sold both today. Cannot understand why jse so excited because things re QE stay the same. Yes I understand that Ben was considering tapering to 75 billion.
The timing on the above retailers is all wrong and will watch for the pullback over the next 2 weeks. Being a cautious trader I won't be shorting tomorrow.
Member
Posted 19 September 2013 - 02:35 PM
SARB rates decision @ 3:00 PM
IG Cash
The Oracle
Posted 19 September 2013 - 02:32 PM
Good news is good news, bad news is good news.
How can Bernanke think that is normal?
Alsi future
I only post my views, not advice
The Artist
Posted 19 September 2013 - 02:21 PM
Closed my long for 700points, Bulls keep the account healthy.
I'm out of the market for the moment.
Only have my slow trades on stocks.
Looking for good long entries. 39400 should be reasonable support for now.
for scalp trades i will risk a long around 39550
Go Bulle !!!!!
Well done!
A
"Never never never give up!"
Sage
Posted 19 September 2013 - 01:59 PM
If we end up green tomorrow we have a bullish hammer on the weeklies to just carry on up next week...
I am hanging up my short shoes and might consider a long on how the week end..
She might just keep on running for another 2000 points (double bottom target) into beginning November!
Seasonals are also on the market side.
A
Closed my long for 700points, Bulls keep the account healthy.
I'm out of the market for the moment.
Only have my slow trades on stocks.
Looking for good long entries. 39400 should be reasonable support for now.
for scalp trades i will risk a long around 39550
Go Bulle !!!!!
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
