35854 replies to this topic

[Ms Jet]

dont think any registered regulated brokers platform let you set a stop on share investing. can only be done for trading cfds etc

Thanks Polly,,,is PSG a cfd...I just want a cheapish platform,,,but will pay more than the 70 Im paying if I can have some added info/ facilities etc...think I must get this facility...Also from your experience with PSG...is it quick to transfer in and out of the psg account...Ie I often at present will transfer from absa in and out of my FNB for investments which take overnight really....I believe if you transfer to another platform they just transfer over and no hassle capital gains or anything....Bit of a minefield but don't want any dodgy of overpriced platforms . Does psg have the training facilities ? ..If you don't know Ill google then ring them...later in week....

[Polly]

R 2877,50 now../.lets see if correct call

[Polly]

If you are an investor Mevrou, I dont think you should be selling. You should have kept some powder dry to be adding at next support.

 

My 30 min actually showing a buy on npn soon

[Polly]

Hi Snippit...I went on FNB to try set a stop loss...it wont let me. busy doing a tender so all I could do is set my notifications and if anything dire happens need to take quick action...Ill try find out FNB what to do or if they have this facility..Thanks..

dont think any registered regulated brokers platform let you set a stop on share investing. can only be done for trading cfds etc

[Ms Jet]

Hi Snippit...I went on FNB to try set a stop loss...it wont let me. busy doing a tender so all I could do is set my notifications and if anything dire happens need to take quick action...Ill try find out FNB what to do or if they have this facility..Thanks..

[Snippit]

ALSI could be running out of gravity & the Dow could be a twin to the S&P 500...

 

https://wavecount.bl...al-average.html

 

Edited by Snippit, 08 October 2018 - 02:21 PM.

[Snippit]

Hi, I haven't yet as nervous I am reading your chart and comments correctly. This is on my own head so please no pressure to you or anyone else, but should I be setting the stop at about R2880.00 which will enable me to buy back cheaper if it goes that way?

 

Previous lower low at R2680 so below that would be where the stops are.

[Ms Jet]

There are possibilities and there are probabilities and then there are surprises. Have you sorted a stop loss setup? 

China is trying to counter its own commie stupidity of closing for a week whilst its investors are still trading...

https://www.zerohedg...rade-war-record

Meanwhile the JSE gets tossed about like an old rag.

Anything can happen and probably will.

Hi, I haven't yet as nervous I am reading your chart and comments correctly. This is on my own head so please no pressure to you or anyone else, but should I be setting the stop at about R2880.00 which will enable me to buy back cheaper if it goes that way?

[Snippit]

Good Morning Snippit, with tencent dropping this am it looks likely could go lower than c wave...is it then possible npn could go to 2600 within a week or so? Thank you. Polly I know you trading npn at the mo, perhaps you can help please?

 

There are possibilities and there are probabilities and then there are surprises. Have you sorted a stop loss setup? 

China is trying to counter its own commie stupidity of closing for a week whilst its investors are still trading...

https://www.zerohedg...rade-war-record

Meanwhile the JSE gets tossed about like an old rag.

Anything can happen and probably will.

[Ms Jet]

Good Morning Snippit, with tencent dropping this am it looks likely could go lower than c wave...is it then possible npn could go to 2600 within a week or so? Thank you. Polly I know you trading npn at the mo, perhaps you can help please?

[Snippit]

Sitting with lots of NPN now but happy to hold for a year...should I hold? If doesn't go up 30% plus in the year would rather ditch them and do something else with the money...If does 30% plus I will be satisfied....Any opinions if they were your shares???

 

I got lost and posted about NPN on the Naspers thread, but thats now busy with trading Top40 cash on IG I suppose. 

 

If they were my shares put into my hands now then I would determine a stop loss setup. Because there are 2 takes and one of them points to a bounce here then the stops would commence just below the previous lower low. 

 

In the Elliott thinking this could be the 2nd wave thereby corrective and with the rule that it cannot go below the start of the 1st wave, being at C.

If it goes below then the new low becomes the C causing the bigger correction to extend and thereby still active. We have targets for that eventuality, hence the stops will enable to buy back in at lower, according to the accuracy of the targets. 

 

if not seen already, the chart link is posted on the Naspers thread.

[Snippit]

You may find of interest the prognosis for the S&P here, albeit with assumptions, not least of which is that the next upward move starts about here....

(tentative topping targets of mid December and 3123)

 

https://wavecount.bl...-500-index.html

 

The second chart there is for factoring in the latest relationship criteria. 

 

 

Did you see the incorrect wave counting terminology? 

[Snippit]

Bonds in US seems to be causing a sneeze on equities, regrettably when US sneeze SA gets pneumonia and hopefully not cardiac arrest too.

Thanks for the insights Snippet

 

You may find of interest the prognosis for the S&P here, albeit with assumptions, not least of which is that the next upward move starts about here....

(tentative topping targets of mid December and 3123)

 

https://wavecount.bl...-500-index.html

 

The second chart there is for factoring in the latest relationship criteria. 

 

[JK001]

Bonds in US seems to be causing a sneeze on equities, regrettably when US sneeze SA gets pneumonia and hopefully not cardiac arrest too.

Thanks for the insights Snippet

[Snippit]

on a lighter note seem brent crude oil is currently down about 2%.

 

Snippet, what is in your view the next support level for ALSI 40?

 

Crude oil alternate count makes wave 4 current with wave 5 to come.

Not sure about how controlling data verified as accurate + Trump has waved his stick at OPEC so crude got scant chance now methinks.

Presently I see ALSI prognosis is more of the same being broadband sideways trending down until post election review of any remaining future.

If none then the pace of the induced economic demise should pick up to reflect the actual pace of the subversive governance effect of so-called transformation.

Not sure why anything positive was ever expected from the massive scale of blatant wrongdoing that has never been addressed ( and never will be whilst actual treason is not considered).

Edited by Snippit, 04 October 2018 - 10:49 PM.

[JK001]

on a lighter note seem brent crude oil is currently down about 2%.

 

Snippet, what is in your view the next support level for ALSI 40?

[Snippit]

Sitting with lots of NPN now but happy to hold for a year...should I hold? If doesn't go up 30% plus in the year would rather ditch them and do something else with the money...If does 30% plus I will be satisfied....Any opinions if they were your shares???

 

The possibility of divergence between the US and most of the rest has been gaining ground. The chart for NPN can be seen as having peaked and still correcting.

Technically, the correction can continue further and longer than anyone presently imagines. The typical correction target can be seen as the bottom of the 4th wave of the pattern that created the total move. This sits at R1925. It can go even lower if C = 1.62A as often occurs. It could take 3 years to get there. Technically this would be not out of the question at all. The chart is well into such behavior.

You need to have some very good reasoning why such degradation is simply not possible. The business plans should be convincing to the majority of pundits such that virtually no one sees further downside. Otherwise you should expect further downside until they change their minds.

Otherwise, the way things have been going, my view is that this is not looking like a good place to be just now.

[Ms Jet]

Crude oil topping view not directly influential to NPN, but ALSI not likely to go against it for long.
Now the ALSI is playing lapdog to S&P futures as is fairly usual.
So NPN more under the same spell as ALSI.
The S & P futures are making a sideways pattern 4th wave which appears heading for what is called a double three.
If so then this recent little up move should be followed by a final down move and should then go into the final larger 5th wave up move to complete the entire topping out process of the S & P 500, somewhere above 3000 and maybe by December or a little later on.
But the ALSI has been doing the opposite of the S & P for most of this year, so unless what is ailing the ALSI creature goes away then the continental drift apart is likely to continue. In accordance with the customary laws of jungle physics. But no animals will be hurt during the filming.

Sitting with lots of NPN now but happy to hold for a year...should I hold? If doesn't go up 30% plus in the year would rather ditch them and do something else with the money...If does 30% plus I will be satisfied....Any opinions if they were your shares???

[Snippit]

Crude oil topping view not directly influential to NPN, but ALSI not likely to go against it for long.
Now the ALSI is playing lapdog to S&P futures as is fairly usual.
So NPN more under the same spell as ALSI.
The S & P futures are making a sideways pattern 4th wave which appears heading for what is called a double three.
If so then this recent little up move should be followed by a final down move and should then go into the final larger 5th wave up move to complete the entire topping out process of the S & P 500, somewhere above 3000 and maybe by December or a little later on.
But the ALSI has been doing the opposite of the S & P for most of this year, so unless what is ailing the ALSI creature goes away then the continental drift apart is likely to continue. In accordance with the customary laws of jungle physics. But no animals will be hurt during the filming.

Edited by Snippit, 04 October 2018 - 03:49 PM.

[Ms Jet]

Sorry Snippit, don't know what I was reading that is not great. bears are the enemy for me