Lots and lots of selling going on, and open interest on Dec contract keeps going up, so I presume it is shorts being opened. If the market rallies tomorrow, a short squeeze could make the move so much bigger.

ALSI Trades
#3181
Posted 21 September 2016 - 04:56 PM
Alsi future
I only post my views, not advice
#3182
Posted 21 September 2016 - 04:09 PM
Fed will fart and bring relief to the multitude of piglets that suck from its multitude of nipples
But it might hold it instead and bring relief to the multitude of piglets that suck from its multitude of nipples
Either way its all about cabbages
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
#3183
Posted 21 September 2016 - 04:03 PM
IMO, there is no way the FED will hike rates, the market does not expect a rate hike, I think they give it a 30% chance. And if the market does not expect it, and the FED hikes, it will be a bloodbath yes.
a More likely scenario imo, is they will pave the way for a Dec rate hike, (which I also dont think will happen). Speech might be a little hawkish, not enough to send markets tumbling, but enough to get the $ going against the ZAR, which will drag the Alsi up.
Equities are now living from FED meeting to meeting, as I think they have become accustomed to something happening before each meeting to push out the rate hike.
Bottom line, the FED cant hike rates. Market will tank & econ will go into tailspin.
But this is all just my opinion.
Alsi future
I only post my views, not advice
#3184
Posted 21 September 2016 - 03:24 PM
I'm not good at guessing games. If the Fed hikes ... the SPX catches a skrik ... and everyone else catches a moerse skrik!
If the Fed hikes we'll see a bloodbath IMO.
#3185
Posted 21 September 2016 - 03:03 PM
If theFED hikes the rates...
USD gets stronger therefore ZAR gets weaker...
TOP40 randhedge big 5 companies therefore go up and drag the whole index higher...
Yes,,No,, maybe,,,
I'm not good at guessing games. If the Fed hikes ... the SPX catches a skrik ... and everyone else catches a moerse skrik!
#3186
Posted 21 September 2016 - 02:45 PM
If theFED hikes the rates...
USD gets stronger therefore ZAR gets weaker...
TOP40 randhedge big 5 companies therefore go up and drag the whole index higher...
Yes,,No,, maybe,,,
#3187
Posted 21 September 2016 - 01:42 PM
Ha ... you beat me by a few ticks!!
Question is how far the ZAR will go, as it is presumed also that ABInBev is bussy buying up ZAR to pay the SAB shareholders.
But I am still of the opinion that this is an over reaction.
Alsi future
I only post my views, not advice
#3188
Posted 21 September 2016 - 01:33 PM
Went long @44910
ZAR strength an over reaction IMO.
FED most probably wont be as dovish as forex traders are pricing in.
But hey, lets see.
Ha ... you beat me by a few ticks!!
#3189
Posted 21 September 2016 - 01:27 PM
Went long @44910
ZAR strength an over reaction IMO.
FED most probably wont be as dovish as forex traders are pricing in.
But hey, lets see.
Alsi future
I only post my views, not advice
#3190
Posted 21 September 2016 - 01:24 PM
This selloff is causing major technical damage. Bulls had better pray that the Fed comes to their rescue tonight.
#3191
Posted 21 September 2016 - 10:18 AM
Cabbages forming a ruck, Kings under pressure now
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
#3192
Posted 21 September 2016 - 07:57 AM
I wonder if the Fed will catch everybody off guard today and hike.
#3193
Posted 20 September 2016 - 07:50 PM
Attached Files
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#3194
Posted 20 September 2016 - 05:16 PM
Ouch. What a collapse in that last 30 minutes. Good place to offload some shorts and wait for the bounce to add more.
#3195
Posted 20 September 2016 - 04:32 PM
Mr Market don't need to worry cos one day soon someone or two CB's is going to hug it all so tight that all of its broken pieces will stick back together, just like a thousand times before.
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
#3196
Posted 20 September 2016 - 02:06 PM
Oversold to bits
Certainly. But with the BOJ and Fed meetings this week there's room for more downside. If the market likes what they say though then I expect a big bounce up. Will add to shorts on the bounce.
#3197
Posted 20 September 2016 - 01:46 PM
Oversold to bits
But I'm only a humble student subject to correction.
#3198
Posted 20 September 2016 - 12:56 PM
Bulls seam to be out of town...maybe FED will encourage them back
But I'm only a humble student subject to correction.
#3199
Posted 20 September 2016 - 09:34 AM
Bears have been in charge for the last 4 days...brief replacement before FED
Were has everybody gone to...or has the market chowed people?
I expect some buying at these levels.
#3200
Posted 20 September 2016 - 06:46 AM
Bears have been in charge for the last 4 days...brief replacement before FED
Were has everybody gone to...or has the market chowed people?
But I'm only a humble student subject to correction.