31 votes
Member
Posted 16 April 2013 - 11:30 PM
Ok, let's scrap that......Look's like it's going to be Lekkerry's scenario 2.The last candle of the daily IGM fwd chart is bullish engulfing.
Member
Posted 16 April 2013 - 11:15 PM
Advanced Member
Posted 16 April 2013 - 09:29 PM
Are these new longs or old longs?
G.old!
Silfen Path Wanderer
Posted 16 April 2013 - 08:53 PM
Other than saying there is a chance ALSI goes up, or there is a chance ALSI goes down, my next best blurb would be:
Scenario 1 (Jake-the-bear): Today was an impulsive buy-the-dip scenario, but the actual dynamics of the sell-off is warranted and come tomorrow,she goes down to the sell-off lows (of yesterday)
Scenario 2 (Argento-the-pitbull): Me thinks the more realistic scenario in play here, tomorrow ALSI goes to 34300, before the next move.
Sitting here and looking at the charts on various time scales and finding little guidance. Your scenario 2 is probably more probable - however, I will not be surprised if there is a small pullback. Will therefor apply rule DNTE (do not trade expectation). 
On 5 min chart and others a higher low is visible, giving the support line a positive incline. As you say - we will see ... 
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
Sage
Posted 16 April 2013 - 08:03 PM
Other than saying there is a chance ALSI goes up, or there is a chance ALSI goes down, my next best blurb would be:
Scenario 1 (Jake-the-bear): Today was an impulsive buy-the-dip scenario, but the actual dynamics of the sell-off is warranted and come tomorrow,she goes down to the sell-off lows (of yesterday)
Scenario 2 (Argento-the-pitbull): Me thinks the more realistic scenario in play here, tomorrow ALSI goes to 34300, before the next move.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
Silfen Path Wanderer
Posted 16 April 2013 - 07:10 PM
DJ @0.88% + SP500 @1.12% ... The near future still looking good.
Hey, maybe I'll get my extended bounce into tomorrow after all.
Are these new longs or old longs?
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Advanced Member
Posted 16 April 2013 - 05:36 PM
DJ @0.88% + SP500 @1.12% ... The near future still looking good.
Hey, maybe I'll get my extended bounce into tomorrow after all.
The Oracle
Posted 16 April 2013 - 05:21 PM
I am very tempted to take a short over night.
Hmmmm, order just taken, short @ 34140, will see what happens tom morning.
Ooooo......
and totaly against todays trend.
Hoping the longer term trend helps me out.
Alsi future
I only post my views, not advice
The Oracle
Posted 16 April 2013 - 05:15 PM
I am very tempted to take a short over night.
Hmmmm, order just taken, short @ 34140, will see what happens tom morning.
Alsi future
I only post my views, not advice
Sage
Posted 16 April 2013 - 04:41 PM
in recent months ALSI led global stock market trends... we led on the way up... we led on the way down..... now is she leading UP today for tomorrow?
Sage
Posted 16 April 2013 - 04:24 PM
my resources and gold seem to be selling off again... now that the US has opened. but very promising set up for next couple of days/weeks... so be long and stay strong!!!
Edited by Ninja, 16 April 2013 - 04:27 PM.
Silfen Path Wanderer
Posted 16 April 2013 - 03:56 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
The Oracle
Posted 16 April 2013 - 02:17 PM
I think the Boston bombing is in part to blame for the bounce in gold.
Alsi future
I only post my views, not advice
The Oracle
Posted 16 April 2013 - 02:00 PM
What bargain ?? Call by most is for gold to drop below 1200 per ounce. This is typical relief bounce in gold ( silly money) 
Trend is down and will continue...
I wonder of Goldman (Sucks) Sachs didn't spec on this one... How difficult can it be to cut your target and short as well?
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Sage
Posted 16 April 2013 - 01:52 PM
Might be a silly novice question, but here it is.
Who is the man that sold-out of most of his gold exposure? Is it the same man sinking into the shiny metal again today? Or is this a different kind of investor picking-up the metal at a 'bargain' today?
I wonder of Goldman (Sucks) Sachs didn't spec on this one... How difficult can it be to cut your target and short as well?
Sage
Posted 16 April 2013 - 01:47 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
Little Master
Posted 16 April 2013 - 01:43 PM
Sage
Posted 16 April 2013 - 01:10 PM
One tick in the box ito the psychological side of trading ....may I say
If I can "win" on this battlefield I am also satisfied....
Silfen Path Wanderer
Posted 16 April 2013 - 01:01 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Sage
Posted 16 April 2013 - 12:34 PM
Thank you, kind sir!
Meant to say well done on those short calls as of last week Lekkerry!!
A
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
