35854 replies to this topic

[Snippit]

Stop building sand castles and focus on the charms of this beautiful looking chart...

 

[Snippit]

Left to their own devices these modern semi "AI" algos appear to know what they are doing.

They create digital shoals of bits and then some digital sharks that byte.

And now the xy of the 3rd minute of the 5th minor of the 3rd intermediate is behind us, so tally ho!

[Snippit]

...And now it is at beyond the 'e' of abcde in the 1st minute wave. This little baby looks un likely to replicate the 'a' of this leading diagonal as it paints itself with some eye pleasing symmetry within a neat little channel.

 

It now app ears that minute1 comp leted @ 2pm, 21stDec. Minute2 app ears to be at b of an in complete abc. Scant volume - algos in charge and they read a lot. 

[Snippit]

With festive spirit and following on from the "snooze not" T40 chart of 7th the chart is already at the 5th minor wave of Intermediate wave 3. And now it is at the 'e' of abcde in the 1st minute wave. This little baby looks likely to replicate the 'a' of this leading diagonal as it paints itself with some eye pleasing symmetry within a neat little channel. Destined as it is to produce a new ATH or bust, when it turns there it will become Intermediate 4 which is destined to alternate with Intermediate 2 and emulate with some broad-minded equality or otherwise a nearby Fib ratio. This wake up call will shake all snoozers into a false nightmare. But this is a repetition.

[Snippit]

Messing up the chart is the domain of criminal intent.

But the destination is still there..

USD/ZAR updated:

https://jsecharts.bl...ar-revised.html

 

 

[Snippit]

Clearly many clots clearly think this ANC jamboree gonna give SA a new prez next week.

How should fund managers that think Zuma will be gone just now be characterized?

The answer is just another irrelevance because what matters is:

1. ALSI busy turning into minor wave 5 with or without any Rand support

2. When the megaclots realise that Zuma is still the prez for another year... the extended divergences will resolve like a rendition of shosha loser.

3. and maybe yet some might also twig that the ANC leopard aint never changing no spots - the ones that line its stomach that is.

4. and they are never gonna give up their powa & all that goes with it no matter how much shamocracy and unsolved murder it takes.

5. and that the Zim regime can change guard from now til eternity and their democracy will stay as a leader of African shamocracy

 But items 2 to 5 are also irrelevant because...

Cyril is the peoples sell out and thereby the darling of the markets, and when he gets thrown overboard there is gonna be a lot of other garbage can items going with him.

[Snippit]

Prime time...

 

[Snippit]

...
first Abc of a double zig zag having been completed today. Counter rally to x to commence to around 53200 before final abc to about 47700 {revised} . Long term target still in tact for 62000 next year 2nd qaurter

 

We see similar timing for the Primary wave top, viz:

T40 Index (J200):

Intermediate 3 most likely 55845 end of Jan, if so then

Intermediate 4 most likely 48940 end of Feb, if so then

Intermediate 5 most likely 56400 mid June

Primary wave 2 then commences retrace of index action since commence of early 2016. Expecting 12% max.

[Snippit]

The nonsense with the Rand was minor wave (ii), but its all over now, baby blue...

 

https://jsecharts.bl...zar-update.html

 

[Snippit]

Snooze not...

https://jsecharts.bl...dex-actual.html

 

[Snippit]

Swix is more Elliott amenable. Intermediate wave 3 is going for it, just like it should. Fear of loss causes short term volatility in this zone. RSI peaks in this zone. I doubt that the CB network will depart the market core and adopt fringe sentiment at this stage of developments. More likely to engage collusive counter measures as any need arises. This is a wake up call, the real test of their mettle will be Intermediate 4 which really ought to clearly alternate with Int 2.

 

[Snippit]

So I will stick to my main view that this was wave 5 and corrective wave to follow a ( double top at 54187 and corrective b to 54400 (favoured) before c zig zag to 47000 overshoot

A highly irregular wave formation..corrective b extended further than I anticipated to 55000 on the back of tencents.
first Abc of a double zig zag having been completed today. Counter rally to x to commence to around 53200 before final abc to about 47700 {revised} . Long term target still in tact for 62000 next year 2nd qaurter

 

I think I follow for the actual ALSI index. It is not an option that I have so far considered.

My struggle is with which 4th is it (minor or intermediate) or is intermediate 3 still looking to complete

whereby the big picture of is it Primary 1 or Primary 5 can wait a while.

[TellyTubby]

So I will stick to my main view that this was wave 5 and corrective wave to follow a ( double top at 54187 and corrective b to 54400 (favoured) before c zig zag to 47000 overshoot

A highly irregular wave formation..corrective b extended further than I anticipated to 55000 on the back of tencents.
first Abc of a double zig zag having been completed today. Counter rally to x to commence to around 53200 before final abc to about 47700 {revised} . Long term target still in tact for 62000 next year 2nd qaurter

[Snippit]

Bear with me while I break the news: Minor wave (iv) targets 51400 on T40 futures.

 

50809 for 4th same as 2nd if 4th goes flat

[Snippit]

USD/ZAR retraces minor wave (i) of intermediate wave 3 hitting 0.618 with a spike: https://tinyurl.com/y7xavaa3

Tencent retires to same bench as 2 days ago with a Fib ratio: https://tinyurl.com/yc9v6fbj

ALSI does not lead these instruments because it is just an echo in their chamber.

Edited by Snippit, 05 December 2017 - 10:37 AM.

[Snippit]

Sexy rammer poser gonna fix SA & ANC & Guptas & crime & corruption & SARS & free education & houses & free medical & plenty jobs & enormous wages & big pay rises & rural population explosion & tribalism & all things immoral & illegal & unconstitutional with lots of champaign & girls & stuff. And the ruling mob gonna roll over for him and help him on his way without even a firecracker. And DP & EFF & other sideshows gonna get starved for votes and start using public transport. Now what is this word - e con o my

 

[Bullhunter]

Who remembers David Shapiro saying Sasol probably going to R1000/share when it was at R600...(Granny did and she bought)

Or Wayne McCurrie liking Vodacom at about R180/share but not MTN so recently...(Grandpa got VOD at R180)

 

Embarrassing...

Maybe or maybe not..

They are the clevers of the talking heads we have and we value their talks..

But not their dumb punts/ tips..

They make us very suspicious...

 

Traders always have a lot of good info on economy etc..

So when listening to Fine Business Radio 103.3 on Friday,,,

Greg Davies made me sit up straight when he started dumb punting Naspers as an investment for the" young investors"....

Lyndsey Williams cut him off before he could really start babbling....

Lyndsey has been around the block a few times as a trader...

 

We need to pay attention...

This share is so big in the index,,,

Buy NPN after 2 weeks of falling price action with increasing volume...

We think this is very BEARISH...

That made us LOOK at the charts...

 

There looking  back from the NPN 1-4 hour charts was that very big down spike at close 28 Nov ...

Looks like there was a liquidity issue/problem that day...

unlike on the 15 Nov when they were snapped up...

Was this someone really big testing the market...

 

We will never know,, but footprints in the sand...

And why the emphasis on "YOUNG"  investors...

Will they need some time for that investment to pay off before they get to be like Warren Buffet literally..(old)

Never minding Buffet actually got so rich by SELLING...

They never talk about that part of the equation....

 

Always Buy and hold... Forever...

 

P.S.

Granny wants to know when SASOL is going to R1000 so she can sell..

We keep telling her it will when there is a big war in the Middle East and/or Oil goes through the roof..

"Oh... but David is such a nice man on the radio,, he would'nt want that..."

Probably does'nt,,, but that is the reality of it..

 

Damn!!!

Trading in shares is easy. It's the timing which is difficult.

[Halfday]

Who remembers David Shapiro saying Sasol probably going to R1000/share when it was at R600...(Granny did and she bought)

Or Wayne McCurrie liking Vodacom at about R180/share but not MTN so recently...(Grandpa got VOD at R180)

 

Embarrassing...

Maybe or maybe not..

They are the clevers of the talking heads we have and we value their talks..

But not their dumb punts/ tips..

They make us very suspicious...

 

Traders always have a lot of good info on economy etc..

So when listening to Fine Business Radio 103.3 on Friday,,,

Greg Davies made me sit up straight when he started dumb punting Naspers as an investment for the" young investors"....

Lyndsey Williams cut him off before he could really start babbling....

Lyndsey has been around the block a few times as a trader...

 

We need to pay attention...

This share is so big in the index,,,

Buy NPN after 2 weeks of falling price action with increasing volume...

We think this is very BEARISH...

That made us LOOK at the charts...

 

There looking  back from the NPN 1-4 hour charts was that very big down spike at close 28 Nov ...

Looks like there was a liquidity issue/problem that day...

unlike on the 15 Nov when they were snapped up...

Was this someone really big testing the market...

 

We will never know,, but footprints in the sand...

And why the emphasis on "YOUNG"  investors...

Will they need some time for that investment to pay off before they get to be like Warren Buffet literally..(old)

Never minding Buffet actually got so rich by SELLING...

They never talk about that part of the equation....

 

Always Buy and hold... Forever...

 

P.S.

Granny wants to know when SASOL is going to R1000 so she can sell..

We keep telling her it will when there is a big war in the Middle East and/or Oil goes through the roof..

"Oh... but David is such a nice man on the radio,, he would'nt want that..."

Probably does'nt,,, but that is the reality of it..

 

Damn!!!

[Mostlya]

So the Senate passes its tax bill which leaves a reconciliation with the house. Of course the debt ceiling looms this Friday. Full looking counts on the Us indices now as evidenced by the volatile action on Friday. Should be an interesting December.

[Snippit]

Yanks are suddenly very jittery....

That was something BAD...

 

Some libtards believe that they gonna impeach Trump cos they got the Bilderberg megalomaniacs on their side. They so dim they cannot figure they being used before they all get neutered and sent for a brainwash.

 

http://www.zerohedge...s-stocks-plunge