31 votes
The Oracle
Posted 12 July 2013 - 10:05 AM
Impressive breakout and think there is more, but don't assume she is just going straight up and we are in a new bullrun, think there is still very zig zag ahead of us that will be frustrating!
If she runs up straight to the top we will have serious negative divergence on the weeklies and not good for the longer term picture!
A
I think we will only have a blip again after we hear FED will cut assets purchases in Sept.
Till then, silly money will keep taking us higher.
Alsi future
I only post my views, not advice
Advanced Member
Posted 12 July 2013 - 10:01 AM
I have gone short
36360
nope I bailed at 36325
The Artist
Posted 12 July 2013 - 09:49 AM
"Never never never give up!"
The Oracle
Posted 12 July 2013 - 09:46 AM
I have gone short
36360
What instrument?
Alsi future
I only post my views, not advice
The Oracle
Posted 12 July 2013 - 09:38 AM
Looks like we might go back to our high in a straight line
If there is any dip, I'm throwing the kitchen sink @ more longs
Kitchen sink in @ 36197 long
Alsi future
I only post my views, not advice
Advanced Member
Posted 12 July 2013 - 09:36 AM
I have gone short
36360
Newbie
Posted 12 July 2013 - 09:28 AM
Little Master
Posted 12 July 2013 - 09:25 AM
Looks like we might go back to our high in a straight line
If there is any dip, I'm throwing the kitchen sink @ more longs
I also think we have a lot of catch up to do Jakes, YTD we are way behind some of the major indexes,
WC.png 151.44KB
39 downloads
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
The Oracle
Posted 12 July 2013 - 09:24 AM
I think this is the perfect setup for us to rally hard for today also, ZAR has been strong, but looks to start tanking again, resource stocks are climbing,
I think we could see another +-800 point day.
Alsi future
I only post my views, not advice
The Oracle
Posted 12 July 2013 - 09:08 AM
Adding to lopngs here, @ 36190
Looks like we might go back to our high in a straight line
If there is any dip, I'm throwing the kitchen sink @ more longs
Edited by Jakes, 12 July 2013 - 09:10 AM.
Alsi future
I only post my views, not advice
Little Master
Posted 12 July 2013 - 08:55 AM
Well, let me come out of the kleinbesemkas......I took a short @1600 ish after observing the 5 min chart sine the US open, not seeing red lights....surprise, there it went.....up......not many minutes thereafter.....just hope that today's upward knee jerk reaction will inverse tomorrow, also tomorrow being Friday.......I hope.
Good luck....Q or W?
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
The Oracle
Posted 12 July 2013 - 08:40 AM
Out of Short & Long @ 35680
Adding to lopngs here, @ 36190
Alsi future
I only post my views, not advice
Little Master
Posted 12 July 2013 - 06:09 AM
Silfen Path Wanderer
Posted 12 July 2013 - 06:03 AM
I know you guys hate after the fact posts but I went for binary buys on Top40, FTSE and Dow all day and smiled all the way. Asia will probably also fly on the back of US today. All their futures are very green except Nikkei. China 300 futures up over 6%! Then I will check EU and US futures from about 5h30 to see if we will end up for the week.
That being said, I think any slight wobble tomorrow and we will end red... Profit taking after euphoria...
)
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
Silfen Path Wanderer
Posted 12 July 2013 - 06:01 AM
Well, let me come out of the kleinbesemkas......I took a short @1600 ish after observing the 5 min chart sine the US open, not seeing red lights....surprise, there it went.....up......not many minutes thereafter.....just hope that today's upward knee jerk reaction will inverse tomorrow, also tomorrow being Friday.......I hope.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Silfen Path Wanderer
Posted 11 July 2013 - 09:41 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Little Master
Posted 11 July 2013 - 07:38 PM
Advanced Member
Posted 11 July 2013 - 06:03 PM
Just looking at the S&P500 1min graph. If that was a Bull's heart monitor, it would be dead. Its flat lining.
Advanced Member
Posted 11 July 2013 - 05:58 PM
Jakes, I find it even more strange, that all the movement today happened outside normal trading hours...just before 9am and just after 5pm!
Good point you make there!
