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ALSI Trades


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#29921 Argento

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Posted 19 September 2013 - 01:43 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


Edited by Argento, 19 September 2013 - 01:43 PM.

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#29922 Sunesis

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Posted 19 September 2013 - 01:12 PM

I will be interesting to see what the market will do if we get bad US numbers today.

 

We have Job Claims and Home Sales numbers later,

 

If they are bad it will just pour petrol to the fire. Or a horn in the bears **s

 

http://www.youtube.c...h?v=dxqO3fAFXuU


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#29923 Sunesis

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Posted 19 September 2013 - 12:56 PM

Gold's Best 3 Months

 

gold-season-aug-29.jpg


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#29924 Beorn

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Posted 19 September 2013 - 12:13 PM

Short @39690. Will keep this open until end of the month.

 

You have some big ones my friend


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#29925 Beorn

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Posted 19 September 2013 - 12:10 PM

Will the market come down a bit during/after closeout?

 

Your guess is as good as mine. 


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#29926 K~~

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Posted 19 September 2013 - 11:52 AM

Short @39690. Will keep this open until end of the month.


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#29927 Trainee Trader

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Posted 19 September 2013 - 11:43 AM

My view is that after closeout we will continue up.

But I'm not trading it.

 

Will the market come down a bit during/after closeout?


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#29928 Ninja

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Posted 19 September 2013 - 11:39 AM

cheers to those buying today!!!


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#29929 Beorn

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Posted 19 September 2013 - 11:34 AM

My view is that after closeout we will continue up.

But I'm not trading it.


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#29930 Argento

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Posted 19 September 2013 - 11:18 AM

Argento please give us your view atm.

 

4 words...."Don't fight the Fed"

 

Well done to the bulls, luckily got out this morning without too much damage!

 

My 2c is she is going to start building some sort of top (few days) and come down after this hype is over...US is very stretched and I expect a multi day pullback into month end, then October should be back up again!

 

Still my take that this bullmarket is in its late stages (2-3 months). This upside is caused by the double bottom we saw in April and June, once over the cycles will take hold!

 

But just my view..I won't go long now at these levels!

 

A


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#29931 OceanWalz

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Posted 19 September 2013 - 11:17 AM

OK , is this animal breathing before a grind up to , or breathing to go blow some bubble lower down - futures just does not want to go past that 39700 level. was holding out for bit higher but that might be a bit to greedy by me!


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#29932 Gwar

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Posted 19 September 2013 - 10:41 AM

Was published 3 months ago.

 

http://recessionaler...-any-time-soon/


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#29933 bear catcher

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Posted 19 September 2013 - 10:33 AM

Argento please give us your view atm.


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#29934 grumpy old man

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Posted 19 September 2013 - 10:33 AM

This mornings activity so reminds me of Mr. Greenspans comments

 

Irrational Exuberance!!!!

 

http://en.wikipedia....onal_exuberance


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#29935 Beorn

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Posted 19 September 2013 - 10:12 AM

Short 38690 , i hope that the market sees that nothing changed and that the hype calms down and we start seeing all the reasons for a correction that we saw yesterday. **** if this is not a short entry point i am gone!!! Then i will settle as a pig.

 

Hahahaha, I'm feeling a bit piggish also

 

But I think you are right, this is a euphoric jump, that should need to come back a bit.

Its not like Bernanke said he is going to keep going with purchases forever, it will have to end sooner or later.

When the market starts to realize that, I think we could come back down a bit 


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#29936 bear catcher

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Posted 19 September 2013 - 10:04 AM

Short 38690 , i hope that the market sees that nothing changed and that the hype calms down and we start seeing all the reasons for a correction that we saw yesterday. **** if this is not a short entry point i am gone!!! Then i will settle as a pig.


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#29937 CPvanWyk

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Posted 19 September 2013 - 10:02 AM

Shorting till 39720 on des contract.


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#29938 Sunesis

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Posted 19 September 2013 - 10:02 AM

Thanks for your good posts too Sunesis and all you 'Heads ' out there contributing !

 

S, how do you see NGPlats playing forwards on new data?

 

Thanks for your good posts too Sunesis and all you 'Heads ' out there contributing !

 

S, how do you see NGPlats playing forwards on new data?

NGPlats was oversold before, FED meeting.

Now its time for it to bounce back to the top.

 

Even if you took a long now you would still make money.

Just also remember that gold and platinum were very low before FED meeting. Gold and Platinum miners were just breakin even at the prices before FED meeting. I dont think we will see those prices in the near future.

 

All we need now is to have a look at the China HSBC Flash Manufactiring PMI on Monday@ 03h45. That will be the next catalyst for resourse stocks and ALSI.

 

I am sure if we get a good China number on Monday, we will see 40 000 soon


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#29939 CPvanWyk

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Posted 19 September 2013 - 10:00 AM

Put off your computer and go away till next week Thursday. Then close your short. That is my plan.

 

 

 

Aaah just kidding.  Should still go lower to next week though. Heavy overbought at moment.

 

 


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#29940 Beorn

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Posted 19 September 2013 - 09:51 AM

I'm short Dec Alsi @ 40000

Just for a scalp, this might bite me though.

 

Screw this, I've closed @ 39970

My nerves cant take it


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