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ALSI Trades

Started by Plasma , Apr 03 2013 09:05 PM

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#13101 Argento

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Posted 15 October 2014 - 11:24 AM

Ok, I hear you guys, (though to call it blind punt, I think is rather harsh) :( .

 

1. We had two days of strong run...and as expected (which I said earlier), today is natural for profit taking

2. We all agree the bottom is somewhere near us, which makes these regions the best buying regions (after all the gurus say be greedy when all are fearful)

 

To add, I've profited a lot from "contrarian trades". EG I started buying on Thursday as she was falling deep. Now I sit with an aggregate +900 points bagged yesterday when I closed.

 

I only post to add flavour and perspective to the forum, but I also respect all views.

Nicely done!

 

A


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#13102 davidp13

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Posted 15 October 2014 - 11:11 AM

flag?

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I find trading like body surfing, catch the right one and you will make it all the way to the beach.

#13103 Motion Picture

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Posted 15 October 2014 - 11:00 AM

The bull in me can't hold it any longer...long at 42040 (IG Cash). To add if she goes below 41800.


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#13104 Motion Picture

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Posted 15 October 2014 - 10:35 AM

buddy sorry my earlier comment brought on all of this...dont stop posting pls

 

hey cool my man...I'm also learning, so it's actually healthy to get a rebuke hear and there from the more senior guys...it keeps one in check.


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#13105 davidp13

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Posted 15 October 2014 - 10:28 AM

Ok, I hear you guys, (though to call it blind punt, I think is rather harsh) :( .

 

1. We had two days of strong run...and as expected (which I said earlier), today is natural for profit taking

2. We all agree the bottom is somewhere near us, which makes these regions the best buying regions (after all the gurus say be greedy when all are fearful)

 

To add, I've profited a lot from "contrarian trades". EG I started buying on Thursday as she was falling deep. Now I sit with an aggregate +900 points bagged yesterday when I closed.

 

I only post to add flavour and perspective to the forum, but I also respect all views.

buddy sorry my earlier comment brought on all of this...dont stop posting pls


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I find trading like body surfing, catch the right one and you will make it all the way to the beach.

#13106 Vertebrae

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Posted 15 October 2014 - 10:22 AM

I see my light come shinin' From the west down to the east

 


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Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.

MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).

In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.

Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.

Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion. 

Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.

Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..

Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.

#13107 Motion Picture

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Posted 15 October 2014 - 10:20 AM

The voice of reason!

 

It's irresponsible to blindly punt a market that is now trading under the January high

 

Ok, I hear you guys, (though to call it blind punt, I think is rather harsh) :( .

 

1. We had two days of strong run...and as expected (which I said earlier), today is natural for profit taking

2. We all agree the bottom is somewhere near us, which makes these regions the best buying regions (after all the gurus say be greedy when all are fearful)

 

To add, I've profited a lot from "contrarian trades". EG I started buying on Thursday as she was falling deep. Now I sit with an aggregate +900 points bagged yesterday when I closed.

 

I only post to add flavour and perspective to the forum, but I also respect all views.


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You better know when to hold on, know when to walk away and know when to run!

#13108 Argento

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Posted 15 October 2014 - 10:14 AM

there is also another confirmation. this thing will be over as soon as the Vix drops to about 14, until that time there is gravity at work. trying to get a bull run going after a drop like this is not instantaneous and is definitely not going to be just a turn and go. the bottom may already be in but there will still be a couple of retests, in my view this is going to take some time to start running again.

 

keep an eye on the VIX.

 

G 

I agree with you on the VIX but depending on which EW we are busy with..if Intermediate V she should not waste any time going back up as they are normally impulsive by nature, I think this bull is still very much alive, this is a healthy drop for new money to flow in!

 

But will see... ;)

 

A


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#13109 grantmu

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Posted 15 October 2014 - 10:07 AM

there is also another confirmation. this thing will be over as soon as the Vix drops to about 14, until that time there is gravity at work. trying to get a bull run going after a drop like this is not instantaneous and is definitely not going to be just a turn and go. the bottom may already be in but there will still be a couple of retests, in my view this is going to take some time to start running again.

 

keep an eye on the VIX.

 

G 


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#13110 gannet

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Posted 15 October 2014 - 10:04 AM

Wise words, A! US needs to get going again for us to make major gains. I'm also weary of another leg lower to flush out the early bulls...

 

K

 

Could we go higher from here, yes, is the final low in for this downphase, I doubt, no reversal candle on the US charts just yet!

 

Thinking of the April 2013 low where mr market sucked in longs for 3-4 days and we saw a final washout the next week!

 

I'm waiting for a weekly signal (engulfing/reversal candle) to enter into this market..she is dangerous! :ph34r:

 

A

 

The voice of reason!

 

It's irresponsible to blindly punt a market that is now trading under the January high


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#13111 Argento

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Posted 15 October 2014 - 09:57 AM

Wise words, A! US needs to get going again for us to make major gains. I'm also weary of another leg lower to flush out the early bulls...

 

K

You can see on this weekly chart how important it is how we going to close this week, if we get a full green maribuzo candle then it confirms an engulfing turnaround (bullish), if we get a gravestone doji like in April 2013 then we are in for another leg down next week (bearish)!

 

Patience now cause a great opportunity is around the corner!

 

UBS says buy with the next daily reversal, SPX could go for 1850 but a trading bottom is near for a run into Nov/Dec!

 

A

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#13112 K~~

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Posted 15 October 2014 - 09:37 AM

Could we go higher from here, yes, is the final low in for this downphase, I doubt, no reversal candle on the US charts just yet!

 

Thinking of the April 2013 low where mr market sucked in longs for 3-4 days and we saw a final washout the next week!

 

I'm waiting for a weekly signal (engulfing/reversal candle) to enter into this market..she is dangerous! :ph34r:

 

Wise words, A! US needs to get going again for us to make major gains. I'm also weary of another leg lower to flush out the early bulls...

 

K


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#13113 Argento

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Posted 15 October 2014 - 09:32 AM

Could we go higher from here, yes, is the final low in for this downphase, I doubt, no reversal candle on the US charts just yet!

 

Thinking of the April 2013 low where mr market sucked in longs for 3-4 days and we saw a final washout the next week!

 

I'm waiting for a weekly signal (engulfing/reversal candle) to enter into this market..she is dangerous! :ph34r:

 

A


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#13114 chnkaw001

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Posted 15 October 2014 - 09:22 AM

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

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

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#13115 Motion Picture

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Posted 15 October 2014 - 09:20 AM

OK lets see where she goes...im happy to be wrong and at heart im a BULL!!! 

 

he he he he...I know the feeling D! I am also a bull at heart!


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#13116 davidp13

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Posted 15 October 2014 - 09:11 AM

I see one way from here David...and it's up. Dips are the money for now. We're not revisiting the lows yet. Today may be some profit taking dips, creating good buying opportunities!

OK lets see where she goes...im happy to be wrong and at heart im a BULL!!! 


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I find trading like body surfing, catch the right one and you will make it all the way to the beach.

#13117 Motion Picture

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Posted 15 October 2014 - 09:05 AM

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

 

I see one way from here David...and it's up. Dips are the money for now. We're not revisiting the lows yet. Today may be some profit taking dips, creating good buying opportunities!


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#13118 davidp13

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Posted 15 October 2014 - 09:01 AM

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


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I find trading like body surfing, catch the right one and you will make it all the way to the beach.

#13119 Motion Picture

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Posted 15 October 2014 - 08:44 AM

Buy any dip!


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#13120 Beorn

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Posted 14 October 2014 - 08:46 PM

tomorrow, we close that gap!


I'm also rooting for that, but it remains to be seen, US coming of nicely from its earlier highs
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Alsi future

 

I only post my views, not advice

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