The deep pockets can have their shorts right now...
30min about to turn bullish, but given the time of the day and what Ben might have in store..better to sit on hands me think.
Posted 10 July 2013 - 04:54 PM
The deep pockets can have their shorts right now...
30min about to turn bullish, but given the time of the day and what Ben might have in store..better to sit on hands me think.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Posted 10 July 2013 - 04:52 PM
To add shorts or not to add shorts at this level, before B's speech, that is the question.
Posted 10 July 2013 - 04:35 PM
The deep pockets can have their shorts right now...
Good L! Speaking of short......
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 10 July 2013 - 04:10 PM
The long and the short of it, yes Shortboy.
Good L! Speaking of short......
IG SA40
Posted 10 July 2013 - 04:00 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
Posted 10 July 2013 - 03:56 PM
IG SA40
Posted 10 July 2013 - 01:31 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 10 July 2013 - 12:27 PM
Hehehe, "It has begun" that sounds very ominous!
But I agree completely, and I think Bernanke will set it in motion tonight.
"Never never never give up!"
Posted 10 July 2013 - 12:18 PM
At present there is a fight between bulls and bears.
This fight is taking place at an uptrendline on the daily chart.
A lot of buying taking place @the 34900 level because OI is increasing.
The bears need to take 34800 level to make the bulls run for cover which will send the index much lower.
Posted 10 July 2013 - 11:56 AM
Got our first bearish cross so charts and seasonal pattern aligning nicely..
It has begun..sitting tight with me shorts for a good 3000 points drop into end of the month (final washout)!
A
Hehehe, "It has begun" that sounds very ominous!
But I agree completely, and I think Bernanke will set it in motion tonight.
Alsi future
I only post my views, not advice
Posted 10 July 2013 - 11:20 AM
Got our first bearish cross so charts and seasonal pattern aligning nicely..
It has begun..sitting tight with me shorts for a good 3000 points drop into end of the month (final washout)!
A
3000 points!!! That bad??
Posted 10 July 2013 - 11:14 AM
Got our first bearish cross so charts and seasonal pattern aligning nicely..Agreed..but US getting stretched!
Adding shorts here...negative divergence reflecting on the MACD's too, looks very much like a top pattern with a nasty drop coming, this time gonna ride it out!:0)
A
"Never never never give up!"
Posted 10 July 2013 - 10:59 AM
Looking pretty so far. Any theory's on how much the market will react to the all important Bernanke speech tonight?
Going on past reactions, it will have a big impact.
Alsi future
I only post my views, not advice
Posted 10 July 2013 - 10:57 AM
Took short profits @35050
Posted 10 July 2013 - 10:36 AM
Right Guys!!! Sooooo where are we now? The close for today looks like a Tombstone candle to me and I sure aint seen many them up days after a Toumbstone. No siree.....
My opinion for the morrow is SHORT!
What say you?
Looking pretty so far. Any theory's on how much the market will react to the all important Bernanke speech tonight?
Posted 10 July 2013 - 09:23 AM
You meant to say 35750, correct!
Yep..back down to 34750 we go again
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 10 July 2013 - 09:23 AM
You nailed this one, Chubby. Nice. Can it have the steam to breach the top of the trading channel?
I will buy my dip and go long @ 35280
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 10 July 2013 - 09:21 AM
Shorts heading for the hills again today, me sees. Still waiting for a good entry.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 10 July 2013 - 09:17 AM
Shorts heading for the hills again today, me sees.
Still waiting for a good entry.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 10 July 2013 - 09:06 AM
Bernanke's comments tonight will move markets.
My money is saying, he will stick to his timeline on tapering.
Alsi future
I only post my views, not advice