31 votes
Sage
Posted 28 August 2013 - 03:03 PM
HDB, actually a bit more than half-a-bar! IG was very kind the past two days. In total, it gave a total of 26 points price improvements across four individual trades.
Dear IG agent (chubby <cough cough>), I am grateful.
Jakes made a million, Argento a mill and a half and Lekerry half a mil!!
Chubby lost his car and Bear Catcher jumped from Sandton Centre
Edited by Lekkerry, 28 August 2013 - 03:05 PM.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
The Oracle
Posted 28 August 2013 - 02:51 PM
what did i miss? been in meetings and really lost out today.
Jakes made a million, Argento a mill and a half and Lekerry half a mil!!
Chubby lost his car and Bear Catcher jumped from Sandton Centre
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Little Master
Posted 28 August 2013 - 02:45 PM
what did i miss? been in meetings and really lost out today.
The Oracle
Posted 28 August 2013 - 02:24 PM
I've closed the rest of short @ target of 38000, but will not open a long. will wait to see for another short entry.
Back in short @ 38030
Alsi future
I only post my views, not advice
The Artist
Posted 28 August 2013 - 01:28 PM
I have to disagree..I think we as low as low for now...I just opened a long that should cover my shorts for the Divi..and maybe make some bucks on the side
"Never never never give up!"
Advanced Member
Posted 28 August 2013 - 01:11 PM
Sage
Posted 28 August 2013 - 01:08 PM
This market has performed so strange now that we are going down we cannot believe it and keep on talking long.Well trend looks down so note to myself " Ignore long talk you are gonna get stuck with it "
IG CASH
The Oracle
Posted 28 August 2013 - 12:58 PM
I have to disagree..I think we as low as low for now...I just opened a long that should cover my shorts for the Divi..and maybe make some bucks on the side
I've closed the rest of short @ target of 38000, but will not open a long. will wait to see for another short entry.
Alsi future
I only post my views, not advice
Little Master
Posted 28 August 2013 - 12:56 PM
I have to disagree..I think we as low as low for now...I just opened a long that should cover my shorts for the Divi..and maybe make some bucks on the side
I do not say today Chubby, if the 20EMA (37,859) gives, i thiink it is possible.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Little Master
Posted 28 August 2013 - 12:47 PM
Remember there is still a open gap @37,388 on the dailies (futures), we might be heading for it now 
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Sage
Posted 28 August 2013 - 12:47 PM
fabes, if TA and charting is anything to go by, support is broken.
The next major support is at levels 37200-400.
Talk of QE and talk of war (or not) might make this volatile though.
further down then?
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Advanced Member
Posted 28 August 2013 - 12:35 PM
The interim support of +- 382## is being broken now. One little push down and it gives. See the attached 4h view. This support has been at play for many days now.
Little Master
Posted 28 August 2013 - 12:31 PM
The interim support of +- 382## is being broken now. One little push down and it gives. See the attached 4h view. This support has been at play for many days now.
further down then?
Sage
Posted 28 August 2013 - 12:17 PM
The interim support of +- 382## is being broken now. One little push down and it gives. See the attached 4h view. This support has been at play for many days now.
SC.jpg 100.24KB
2 downloads
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
The Oracle
Posted 28 August 2013 - 10:32 AM
I've got Alsi on a support line now, lets see if it holds.
Hope not.
Ai, so it is holding
Alsi future
I only post my views, not advice
The Artist
Posted 28 August 2013 - 10:28 AM
What is your level for SPX buy signal? 1613?
"Never never never give up!"
The Oracle
Posted 28 August 2013 - 09:59 AM
I've got Alsi on a support line now, lets see if it holds.
Hope not.
Alsi future
I only post my views, not advice
Sage
Posted 28 August 2013 - 09:54 AM
Be still, you agent of MM!
Looks like the bottom is in?
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Sage
Posted 28 August 2013 - 09:53 AM
Very valuable as always, thanks Argento!
Uptrend line since 26th of July has been broken this morning, next line in the sand is 37870 (forexpros), if that breaks then bears are back in full force as it confirms a distribution top with lots of free red jellybeans!
Might get a backtest of the broken trendline though...!?
But remember our markets tend to be stronger in the second half of the year as suppose to the US indexes, keep that in mind, if 37870 do not break then up we go again for a strong September into futures close-out!
The NYSI Summation index has dropped substantially and generated negative divergence while SPX was establishing a new all time high at the beginning of August, but an oversold RSI is approaching the November 2012 and June 2013 readings from where a new buy signal was issued..so US is getting close to a intermediate buy signal..but not yet!
A
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
The Artist
Posted 28 August 2013 - 09:51 AM
"Never never never give up!"
