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ALSI Trades


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#34501 Lekkerry

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Posted 08 May 2013 - 12:11 PM

YES YES YES Jakes!

 

Argento, you are still my favorite poster though! <hug>

 

Ok, seriously, now is the time to start thinking about shorts me say...

 

BOOM! Back in 36000 territory.

T A does not work in the market we are in the last couple of years.

So much for the neckline. 


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#34502 Beorn

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Posted 08 May 2013 - 12:09 PM

Any shorts still around!  :lol:

 

Just kidding! Seriously though, any short still around?

 

A probably added to his?


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#34503 Beorn

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Posted 08 May 2013 - 12:09 PM

BOOM! Back in 36000 territory.

T A does not work in the market we are in the last couple of years.

So much for the neckline. 


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#34504 ClockworkOrange

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Posted 08 May 2013 - 12:08 PM

36000 cleared


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#34505 Lekkerry

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Posted 08 May 2013 - 12:07 PM

Any shorts still around!  :lol:

 

Just kidding! Seriously though, any short still around?


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#34506 Lekkerry

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Posted 08 May 2013 - 11:56 AM

Me thinks I had a similar comment about a 1000 points higher (from where ALSI at now), earlier this year.

 

This market is out of its mind ....


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#34507 Plasma

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Posted 08 May 2013 - 11:54 AM

This market is out of its mind ....
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#34508 Lekkerry

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Posted 08 May 2013 - 11:50 AM

I feel confrontational today ;)  . absmuller, tell me, why do you think ALSI is tracking the German market of late? My point being, it isn't. The news will most probably cause a spike and then back to ALSI business. Anyway, let us see. What time is the news due again?

 

The Germans have beaten estimates regularly and yesterday they did it again with their factory orders. I think they will beat estimates again. If so market will continue run but if they disappoint it will drop like a rock... Bad news reaction has been more accentuated of late


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#34509 JBlack

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Posted 08 May 2013 - 11:46 AM

The Germans have beaten estimates regularly and yesterday they did it again with their factory orders. I think they will beat estimates again. If so market will continue run but if they disappoint it will drop like a rock... Bad news reaction has been more accentuated of late

Yep..This could be what takes the market lower or sustain the run..Any punts out there on what the data would look like?


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#34510 Lekkerry

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Posted 08 May 2013 - 11:45 AM

This is purely an opinion and not fact nor advice, but the Germany (updated) news might only produce a wild swing up or down, after which ALSI will continue to grind higher today.

 

Yep..This could be what takes the market lower or sustain the run..Any punts out there on what the data would look like?


Edited by Lekkerry, 08 May 2013 - 11:47 AM.

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#34511 JBlack

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Posted 08 May 2013 - 11:19 AM

Market waiting for German data for some direction I reckon. Drifting slowly lower though....


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#34512 JBlack

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Posted 08 May 2013 - 10:53 AM

You should be my spokesperson..... My thoughts exactly

I think this run is on its last legs...Big move up today yes but the trading volumes today on j200  so far is very slim so dont be fooled. Big resistance on IG right now and at 35800. US due for some profit taking as well...You do the maths :)


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#34513 JBlack

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Posted 08 May 2013 - 10:46 AM

Entered a buy at 35475 to hedge my sell. If we drift sideways then both in money. Eyes on the ball....


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#34514 Beorn

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Posted 08 May 2013 - 10:35 AM

We are climbing, I think, because of foreign money yet again. Lot of hype around investing in Africa this week, could be because of the event tomorrow in Cape Town.

Cant see us coming down today.


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#34515 Argento

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Posted 08 May 2013 - 10:31 AM

Adding shorts as well!

 

Return move is part of the pattern and should happen, but will be quick!

 

Other big resistance comes in at 35905ish (forexpros) that I believe won't break, not today!

 

A

Ok, out with my longs and short it is!!

 

A


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#34516 bear catcher

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Posted 08 May 2013 - 10:30 AM

Second short added at 35650

What is your reason for the short BWE????


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#34517 JBlack

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Posted 08 May 2013 - 10:30 AM

I just don't think we will reach 35800 today. In fact, imo we will retract from here because US will drop today. Europe is up slightly but not convincingly. I think the big jump this morning so far is only to make what we lost yesterday after 4. US climbed last night to new highs ad we needed to catch up. But I have been proven wrong a lot before and yesterday nipped me a little!

Morning Boys, have a bit of a hangover - damn you Johnny!!! But ya I am also in on 800 Sell with 10k 10%.  


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#34518 Lekkerry

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Posted 08 May 2013 - 10:27 AM

That, good sir, is a long story!

 

:ph34r:

 

i must be missing something, why is there a short feeling among some of you guys


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#34519 bear catcher

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Posted 08 May 2013 - 10:26 AM

i must be missing something, why is there a short feeling among some of you guys


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#34520 Lekkerry

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Posted 08 May 2013 - 10:24 AM

<cough cough> <spatter spatter>..

 

Thanks Sam!  :D

 

Must admit, Argento is making me a tad nervous!

 

The next pragmatic stop really is then 36000 (J200) according to my doo-dahs..


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