35854 replies to this topic

[Mhlato]

Shorts, be careful...

We are at the bottom of the channel again. Odds are always on the trend continuing. Short if it breaks!

 

gamma, those channel lines of yours, is it from IGM charts? 

[Beorn]

Ok,

short with everything I have @ 38700

 

Thinking of selling my car to add to this short, should we go higher

 

Taken some profit @ 38330

Will ad to short a little higher up.

[fabes]

Shorts, be careful...

We are at the bottom of the channel again. Odds are always on the trend continuing. Short if it breaks!

I know you are right gamma, but with all thats happening, we should take a nice dive other than go up. I'm just a little cautious about the gold and rand, but I doubt that should make a difference today, but as I was typing I see US is only one green atm. So I will take your advice to heart and first see where the market takes us.

[gamma]

Yep...but the chart I posted a few days ago is almost at the next shorting window. If we take out 38000 today and SPX is below 1613(17 points away) we in for a steep fall.

 

 

yep, exactly..but thats still 500 points away.

 

Short orders +++ in at 37990!

[gamma]

Shorts, be careful...

We are at the bottom of the channel again. Odds are always on the trend continuing. Short if it breaks!

[Pierra]

I am thinking the Alsi beast should be heading south with about 192 points.

I am hoping I could be right today.

[Trainee Trader]

Guys, whats the feeling this morning?

 

Todays facts:

 

R/$ = +- 10.50. Very weak rand. Good for markets.

Syrian crisis. Huge gold demand. Good for our gold stocks.

Strikes in mining industry start next week. Should push the price for gold up further. What does this mean for our markets?

[fabes]

Anyone for a long at this level? Ig at 38500. You guys think its a good idea?

[Trainee Trader]

Hi Guys

 

My understanding of the DIVI on the TOP40 CFD is as follows:

 

• Must have a long position in the instrument this Friday, by latest 16h50.
• Keep the instrument over the weekend.
• Can short it as early as 12:00 AM Monday morning.

Please confirm, if this understanding is correct.

 

My understanding of the DIVI reward is as follows:

 

• Dividend = No. of contracts x 172 points x R50

Also, please confirm if this understanding is correct.

 

Thanks in advance!

[Lekkerry]

Anyone else looking into a long entry-point for Friday's divi (must be honest, not seeing much to entice a long yet)?. Let us create an interim trading-club "How to catch the divi of Friday - and remain liquid before and after"!

 

Just voicing a pleasant thought atm.

 

 

Thats because Geopolitical instability pushes up gold..which is good for a chunk of the ALSI. Not too mention a weak rand...which is also good for a chunk of the ALSI

 

The market reaction actually makes sense

 

[gamma]

Ag no there we go again Syria hurts world markets but we climb, I am now gatvol for this inverse reactions to everything

 

Thats because Geopolitical instability pushes up gold..which is good for a chunk of the ALSI. Not too mention a weak rand...which is also good for a chunk of the ALSI

 

The market reaction actually makes sense

[K~~]

We ended on 38723 J200? WTF? off book trade or After market order..I could of sworn we were 38699 at auction..Looks like a little rally tomorrow morning after we bounce off 38500..Hopefully End of day tomorrow we are at under 38715 so that my bear can have his picnic

Chubby, how are you playing the divi with your shorts? Are you hedging, rolling position over or just taking on the chin?

[K~~]

Ag no there we go again Syria hurts world markets but we climb, I am now gatvol for this inverse reactions to everything

 

Bear, just go short Rand and long ALSI, and you will be a rich man!

[Beorn]

See the ZAR tanking.

 

That's the foreign guys taking there money out!

 

This has been going for a while now, because of taper talk.

 

Interest rates on our bonds also climbing fast, also because of taper talk.

 

our equity market is not far away from tanking (IMO). It might just take a little longer.

[fabes]

Ag no there we go again Syria hurts world markets but we climb, I am now gatvol for this inverse reactions to everything

me and you both. Our index just follows when it wants to and you can never tell when its gonna be.

[bear catcher]

Ag no there we go again Syria hurts world markets but we climb, I am now gatvol for this inverse reactions to everything

[K~~]

Abracadabra..there its done

 

Blink and you miss it! 

[Redeemer]

well, looks like 38800 will be our resting place for today

[fabes]

chubby, make magic and make us drop to 38450 atleast. I just wanna take some lekka profit and sleep sound tonight.

[Sunesis]

Confidence Index should come in lower..The data was compiled in the middle of the SPX decline. This might cause the SPX to rally on taper concerns being tempered

 

Lol! Let me qualify, in the broader context the bulls climb the stairs.

 

... At the moment, the stairs seem slippery and laden with bear poo (if I may)!

 

I reckon now is not a good time to take a position, too many risk(y) factors and as always: More is nog 'n dag!

Its one risky day.

 

South African Petrol Price will surely go up.

 

Brent Crude $113 @R10.40 to the dollar. Our country needs a prayer now.

 

Just make sure you are Long on Oil and Gold