35854 replies to this topic

[Argento]

hope?

 

A

[RusQ]

you forgot all the mines, as gold goes up so do they, check the gold index up 3.5 percent today

Gold also has 'some' reputation for a store of value. imo, if gold runs hard, equities will suffer...

[Argento]

I feel for you, decided to go long now that the US is looking good. 

 

I have realised that my greatest mistake is i had too much exposure and scalping 100 pips and allowing bad trades to run into losses of 400 pips was killing me, so from today i will reduce exposure and let profits run and only close trades when there is a change in trend. 

Well done!

 

Too much exposure also my problem, but bought on the low this morning so not too much damage!

 

Because this is a flat Int IV struture my take wave C not to come and this is her working on the bottom...if she goes up from here a quick impulsive Int V should follow!

 

But is never set in stone with this woman!

 

A

[RBM]

If the US closes green tonight there is a massive bear slaugther c'mon!

 

A

hope?

[Argento]

bears not done with the bulls yet, waiting for another bearish opportunity

If the US closes green tonight there is a massive bear slaugther c'mon!

 

A

[RBM]

remember this can be another bull trap, beware...

[grantmu]

G, i thought there is only one gold company in the JSE Top40 and it has a very small weighting on the index such that it has a very small effect

you forgot all the mines, as gold goes up so do they, check the gold index up 3.5 percent today

[BlythZ]

Yip, went long this morning but bears toying with the bulls...hope for that positive divergence to kick in on the US and take us up with them!

 

A

I feel for you, decided to go long now that the US is looking good. 

 

I have realised that my greatest mistake is i had too much exposure and scalping 100 pips and allowing bad trades to run into losses of 400 pips was killing me, so from today i will reduce exposure and let profits run and only close trades when there is a change in trend. 

[RBM]

Yip, went long this morning but bears toying with the bulls...hope for that positive divergence to kick in on the US and take us up with them!

 

A

bears not done with the bulls yet, waiting for another bearish opportunity

[RBM]

Second that!

thanks!

[RBM]

RBM you have made some pretty great calls keep it up!

thanks!

[Argento]

Argento, did you go long already? I surely hope US will save the bulls but could this be wave C down with the move up from Friday being wave B? If wave C = wave A in length, am i right in seeing 44,700 as the bottom where wave 5 should start?

 

I am still learning these waves  

Yip, went long this morning but bears toying with the bulls...hope for that positive divergence to kick in on the US and take us up with them!

 

A

[sequoia]

RBM you have made some pretty great calls keep it up!

 

 

Second that!

[BlythZ]

Long45650

RBM you have made some pretty great calls keep it up!

[Plasma]

Okay, it was me....had to twist my banker's arm .....

joke or no joke i would not ask the following question - WWWBD? run the hell away is the answer

[BlythZ]

gold going up fast, may pull the JSE with it

G, i thought there is only one gold company in the JSE Top40 and it has a very small weighting on the index such that it has a very small effect

[RBM]

buying this dip might be a good idea

[grantmu]

gold going up fast, may pull the JSE with it

[davidp13]

Okay, it was me....had to twist my banker's arm .....

joke or no joke i would not

ask the following question - WWWBD? run the hell away is the answer

[Plasma]

at R1 there will always be some idiot that want to make millions.

Somebody bought 71.2M shares today already, so no shortage of buyers... PS. I'm in the market for some ABL @R1! K

Okay, it was me....had to twist my banker's arm .....