35854 replies to this topic

[bear catcher]

Indeed the consternation grows.
Probably due to not observing the trend.
This blog goes quiet then erupts with anti-trend.
Sure there is always something to be had there.
For the erudite and nimble.
But there should always be more chatter in favour of the trend.
Just the same it was for the years of constant bull trend.
This place was a haven for bears.
Can someone explain this anomaly?
If not, let me try - the posters are trying to trip you non posters.
Why would that happen?
Because it can.

V not posting too busy riding the bear catcher wave.Think 38000 before 50000 on the cards.STFR the name of the game atm,sold my small short from 41450 for 1200 points and went big today at average short from 42250 but gonna keep this until QE ends,only way is down from here short term I am gunning for the R100k trade here halfway there.The problem is when one is right everyone that is wrong wants to proof you wrong,best is go with trend and trend has changed, I learned that the hard way fighting the bull to 44000 and only the started going long with good profitd,must admit my first long at that level was frightning but it paid of. Going short from these levels for a Bull is allso gonna take balls.Eish some bulls got caught bigtime today

[Vertebrae]

important breaking news. 

 

Draghi said

 

 

Nothing !!!!!

 

Now you mentioned the D-word. Thats enough to start another avalanche.

[RusQ]

Sorry, i do not have a degree of any kind...

 

What rhymes???  Outcome of what??

history, never repeats, but does rhyme. it supposes roughly similar outcomes, given similar starting conditions?

 

question is, how did things go after the event? next few days?

[RusQ]

 

interesting perspective! is that your experience that posters are tricksters?

Some you bet for sure. You wanna tell me about how thats not the case?

 

i bought my first shares in '84 and by now, have zero intention to trick anyone!

Well done! Do you believe every poster is/has always been in that philanthropic space?

 

other impression is also that we may have many newish traders onboard? they have the stats stacked against them!! maybe the +5% will talk to me in 10 years time...

For me its more about those non posters. They the ones being far more likely the genuine article.

 

from the top:

- acquired BS detectors early on. you are probably correct!

- the environment is much different from when i started. you may be even correct!

- i only post what i see (after the event). philanthropy is not really my thing

- if anything i say can help a few of them? we can spar in future! (not shopping)

if you are not one of the impostors, how you prove it??

[Mhlato]

so it rhymes after all. and the short term outcome?

 

Sorry, i do not have a degree of any kind...

 

What rhymes???  Outcome of what??

[Vertebrae]

interesting perspective! is that your experience that posters are tricksters?

Some you bet for sure. You wanna tell me about how thats not the case?

 

i bought my first shares in '84 and by now, have zero intention to trick anyone!

Well done! Do you believe every poster is/has always been in that philanthropic space?

 

other impression is also that we may have many newish traders onboard? they have the stats stacked against them!! maybe the +5% will talk to me in 10 years time...

For me its more about those non posters. They the ones being far more likely the genuine article.

[RusQ]

I can only go back a couple of years of safex and scanning back I couldn't see a 1300p candle

thank you, Ettas!

given the levels where we now compared to even a couple years back, the % move may be more relevant? i find it (based on that metric) to be hardly significant. from a trading pow, that is.  +5% moves occur in the final stages and is what perks my interest. i would be very surprised to see any of those in the near term...

Edited by RusQ, 15 October 2014 - 08:42 PM.

[grantmu]

important breaking news. 

 

Draghi said

 

 

Nothing !!!!!

[Ettas]

i don't have Safex charts handy (and while i can obviously find them), mind if i ask what you see special about today?

I can only go back a couple of years of safex and scanning back I couldn't see a 1300p candle

[RusQ]

If you are looking for when the todays bar engulfs the previous 3 days bars (simular to a three line strike),going back from Oct'96 it has happened 10 times before today.

 

Check the following dates:

 

• 02/03/00  • 12/11/01  • 22/01/03  • 27/11/06  • 01/11/07  • 18/08/08  • 04/06/09  • 29/11/10  • 08/07/11  • 27/03/13

so it rhymes after all. and the short term outcome?

[Mhlato]

I can't find another candle like today going back on the safex daily. Please let me know if I am wrong

 

If you are looking for when the todays bar engulfs the previous 3 days bars (simular to a three line strike),going back from Oct'96 it has happened 10 times before today.

 

Check the following dates:

 

• 02/03/00  • 12/11/01  • 22/01/03  • 27/11/06  • 01/11/07  • 18/08/08  • 04/06/09  • 29/11/10  • 08/07/11  • 27/03/13

[RusQ]

Indeed the consternation grows.

Probably due to not observing the trend.

This blog goes quiet then erupts with anti-trend.

Sure there is always something to be had there.

For the erudite and nimble.

But there should always be more chatter in favour of the trend.

Just the same it was for the years of constant bull trend.

This place was a haven for bears.

Can someone explain this anomaly?

If not, let me try - the posters are trying to trip you non posters.

Why would that happen?

Because it can.

interesting perspective! is that your experience that posters are tricksters?

 

i bought my first shares in '84 and by now, have zero intention to trick anyone!

 

other impression is also that we may have many newish traders onboard? they have the stats stacked against them!! maybe the +5% will talk to me in 10 years time...

[chnkaw001]

IMO
US UK market leading indicator
ZAR is too strong for upward

Past two days and 5 6 Oct seems similar bounce to me.

Sent from my Xperia Z Ultra using Sharenet Sharechat mobile app

If today close is solid red for US, expecting light bounce before it goes further. My previous guess remains that only Fed Friday may have a gamble long. But it can support the bear that the market goes a huge correction. Based on previous Fed min, it feels like Fed is just trying extremely hard to calm the market and put rate hike on hold. I suspect Fed just have no good data recently and put the rate hike on hold just because the market can't take it.

[Ninja]

Interesting looking chart of 2008 gold index vs alsi... Gold tanked solidly first then alsi joined both tanking further, then walla..... Gold index outperformed handsomely. Hoping for same here. Sorry can't post chart

Gold seems to have found support just below that $1200 mark waiting for confirmation from gold stocks which still seem confused

Edited by Ninja, 15 October 2014 - 07:17 PM.

[Vertebrae]

Indeed the consternation grows.

Probably due to not observing the trend.

This blog goes quiet then erupts with anti-trend.

Sure there is always something to be had there.

For the erudite and nimble.

But there should always be more chatter in favour of the trend.

Just the same it was for the years of constant bull trend.

This place was a haven for bears.

Can someone explain this anomaly?

If not, let me try - the posters are trying to trip you non posters.

Why would that happen?

Because it can.

 

[RusQ]

imo, the bear has arrived.

 

several members made excellent remarks (no names, no packdrill  ).

 

i lost my shirt in the first bear i traded! barely (bearly ?) hung onto it the second time. how will it go this time?

 

dunno, but here is what i do:

- trade price only

- longs never more than 50% of my normal position size

- take profit on bulk of position on violent moves in my direction (had to do that today)

- very strict on stop loss

- bottom pickers (for no good reason) get stinky fingers, just stick to the system

 

my own amateur wave count points lower. once that reverses and we at least have a good exhaustion gap in place, i will increase my potential long positions. the bear has a way to shake out shorts in order to pull in buyers. once it turns up, you do not want to sit tight on shorts!

 

go well...

ps: i do not attend the forum while the market is open and hence please do not expect me to post live trades etc. it is only a measure to protect my own psycho self

[Vertebrae]

Play it again Sam, not so many rocks this time

[RusQ]

I can't find another candle like today going back on the safex daily. Please let me know if I am wrong

i don't have Safex charts handy (and while i can obviously find them), mind if i ask what you see special about today?

[Ettas]

I can't find another candle like today going back on the safex daily. Please let me know if I am wrong

[davidp13]

im sorry, but i dont see the BTFD story working out well for anyone at this stage. have anyone seen the candle left on the SP and DJ yesterday...not good especially if you believe the 200DMA tells a story

not pointing fingers at anyone here, but be careful out there!!!