35854 replies to this topic

[HDB]

aim...fire!!!

 

1 -Normal OUV
45713.19372
2 - Resource Adjusted
45871.64691
3.- Other
45779.17311

last night i had bhp ozz to be about 2% red for this morning..well its dropped 2 % first hour of opening and now green..
From a fundamental point of view, we shud not be trading here at these prices but its all momentum..
Dow f juts going up and up without any pullback,,,China opened about 4% red and now 1% down..

[bear catcher]

Ok I will be first I am stuck with a short at 45800 greed got hold of me yesterday

[TellyTubby]

Npn 74 points SAB, CFR, GLN  FSR - 30 odd accounted for about 190 points down

BIL 53 REM 12 SBK 12 GFI 11 ANG 11 contributed to the upside

for the rest, the smaller counters actually held up ok

Expecting a counter rally tomorrow and if breadth improves could be a huge upswing coming in a couple of days..US Futures to also retest 2085

[TellyTubby]

Anglo was the culprit, over +8 percent today

Npn 74 points SAB, CFR, GLN  FSR - 30 odd accounted for about 190 points down

BIL 53 REM 12 SBK 12 GFI 11 ANG 11 contributed to the upside

for the rest, the smaller counters actually held up ok

[grantmu]

The underlying equity of the top40, weighted, ended down 1.10%. Of which Anglo is part of.
So Anglo did not keep it up, pricing in of something else was a foot. IMO

True and i would put that as the 200 day touches, but the move of 8 percent in a company that large prevented the initial drop that would have started the more reckless selling that would have made the day a really big down day. The thing is we may have missed the down and may go up a bit tomorrow rather than a big down. i am in a single short and have a stop in place in case it goes north in the morning, although i do still see downward pressure, personally i think this is going to be a rough ride till we get a good retest of 44, and that retest may not hold. Your Greece comment on the weekend may well be part of the reason for the drop along with the china mess. 44 needs a retest before we march on IMO.

 

G 

[Beorn]

WTF is keeping us up, just the rand?

Anglo was the culprit, over +8 percent today

The underlying equity of the top40, weighted, ended down 1.10%. Of which Anglo is part of.
So Anglo did not keep it up, pricing in of something else was a foot. IMO

[delta66]

had 2 winning trades, nothing big, but my first day trading alsi.

nice going Anton..trade safe!

[grantmu]

WTF is keeping us up, just the rand?

Anglo was the culprit, over +8 percent today

[Argento]

Very strong comeback into the close

Short covering for tomorrow's dive!!

 

A

[Jakkals]

Very strong comeback into the close

yip, missed out on that one.

[Ninja]

Very strong comeback into the close

[BlythZ]

I am tempted to revise my target downwards again to 44,000. 

 

Limit moved to 44,000 will watch closely for the turn

 

Happy trading all!

[gannet]

had 2 winning trades, nothing big, but my first day trading alsi.

 

Well done!

 

I think you are starting to trade the alsi in very interesting times.

 

Take note of V & A's waves. I also think we are in the primary 4th

 

Rock and Roll baby ... but I think we need to rally before the storm (weeks not days) hits

Edited by gannet, 27 July 2015 - 04:13 PM.

[Beorn]

Underlying is really tanking, I dont know why Alsi is not following. I think we might catch up tomorrow. Lets see

[Beorn]

totally next level stuff for me 

Eliot Wave theory, your not missing anything.

[Jakkals]

had 2 winning trades, nothing big, but my first day trading alsi.

[bear catcher]

WTF is keeping us up, just the rand?

[Argento]

Flirting with the daily 200 moving day average.....we just might see that red hanger sale again tomorrow!

 

A

[Jakkals]

it held.

Maybe the right shoulder on the 1min chart?

[Jakkals]

45804 resisting a push up.

it held.