35854 replies to this topic

[Snippit]

Looks like the a-b cometh within the (i) - (ii) viz:

 

http://tinyurl.com/yc9w44p9

[Halfday]

Still too new at this to be sure of what it means ...

Naspers opened today 2% up then drifted down on low volume until 15:30PM when it was pushed back up  almost to the high of the day,,,

and then BANG!!! someone sold about 400 000 shares in the last 5 minutes back down to where it closed the day before....

 

Has sentiment turned against Naspers?

[bullsnbears44]

I want to know your opinion on something. Do you think South Africa entering a recession is the canary in the coal mine? I'm seeing a dramatic slowdown in hard industrial figures across Europe and the Us. Japan GDP was close to negative again.

At the moment the only positive data is the manipulated Us payroll data and those Pmi surveys which are obviously inaccurate as the hard data is just collapsing

In the word view South Africa is an irrelevant pipsqueak. I don't read much into this economy. What really interests me is the housing and car markets over in the US. New car sales are on the verge of collapsing. That is the real canary in the coal mine IMO. Keep a close eye on what happens over there. Either one of these two will almost certainly start the next crisis.

[Mostlya]

Very hard to make head or tail of this market. Maybe this time it really is different. :-)

I want to know your opinion on something. Do you think South Africa entering a recession is the canary in the coal mine? I'm seeing a dramatic slowdown in hard industrial figures across Europe and the Us. Japan GDP was close to negative again.

At the moment the only positive data is the manipulated Us payroll data and those Pmi surveys which are obviously inaccurate as the hard data is just collapsing

[bullsnbears44]

The true risk is that the market didn't sell off and hence cant go on a algo driven rally. Slowly considering what it all means is a big problem in this bubble

Very hard to make head or tail of this market. Maybe this time it really is different. :-)

[Mostlya]

I don't see much risk at all. In fact the UK election will probably just add more optimism seeing as how the anti-Brexiteers might think they now have a chance of reversing it.

The true risk is that the market didn't sell off and hence cant go on a algo driven rally. Slowly considering what it all means is a big problem in this bubble

[bullsnbears44]

Interesting day ahead. Some risk added to the market with the U.K. Election. Tencent shooting the lights out after Alibabas CFO said earnings would be up. I guess the question the stock buyers can't seem to ask anymore is whether earnings be up forever until humans cease to roam the planet. I guess that must be the case

Rand pound should slow down bulls a little today

I don't see much risk at all. In fact the UK election will probably just add more optimism seeing as how the anti-Brexiteers might think they now have a chance of reversing it.

[Mostlya]

Interesting day ahead. Some risk added to the market with the U.K. Election. Tencent shooting the lights out after Alibabas CFO said earnings would be up. I guess the question the stock buyers can't seem to ask anymore is whether earnings be up forever until humans cease to roam the planet. I guess that must be the case

Rand pound should slow down bulls a little today

[Ninja]

She's about to make a run back up to 48000...

[bullsnbears44]

 

Guess that's it from the bears for now.... btfd

 

Nothing more than a pause IMO.

[Ninja]

Guess that's it from the bears for now.... btfd

[bullsnbears44]

We've dropped nicely just as world markets seem to be turning over. Another 2000 points in this drop. I'll add to any bounce.

[bullsnbears44]

Rand to the rescue for bulls. If not for the big drop we could easily be down another 500 - 600 points today.

[Snippit]

Futures gives 4hr RSI going for sub 30 diving champion whilst 60min extends the divergence. The resolution occurs with elevation.

The (ii) for GLD is at    https://zacharts.blogspot.co.za/

 

[Halfday]

Bulls just got slaughtered after market closed....

[Halfday]

Not sure who is you but assuming anyone then this is either a turn or a very good fake.

Mining charter just another stone on the growing mountain of reasons to go elsewhere, old time communism belongs to losers.

Its financial terrorism like white monopoly capital and economic transformation but if the votes come from it then the funeral business will be booming.

Politicians tend to love agenda items with kickbacks.

Productivity and competitiveness is not on the agenda due to no space and no interest.

What about excellence - maybe some sporting individuals but nothing more to see.

Nobody from nowhere and definitely know nothing...

You could be right about the turn ...

Elliot wave definitely has something...

I have also started counting waves in my simplified way...

It helps me make my decisions...

[Snippit]

Quiet day on our TOP 40..

Charts  too much to think about???

Are we at the bottom or still trending down...

 

Mining charter soon !!! that's going to be upsetting for investors IMO

Doubt there will be taxbreaks

Probably a weird parasitic thing to suck our SA miners dry...

 

What do you think???

 

Not sure who is you but assuming anyone then this is either a turn or a very good fake.

Mining charter just another stone on the growing mountain of reasons to go elsewhere, old time communism belongs to losers.

Its financial terrorism like white monopoly capital and economic transformation but if the votes come from it then the funeral business will be booming.

Politicians tend to love agenda items with kickbacks.

Productivity and competitiveness is not on the agenda due to no space and no interest.

What about excellence - maybe some sporting individuals but nothing more to see.

[Halfday]

Quiet day on our TOP 40..

Charts  too much to think about???

Are we at the bottom or still trending down...

 

Mining charter soon !!! that's going to be upsetting for investors IMO

Doubt there will be taxbreaks

Probably a weird parasitic thing to suck our SA miners dry...

 

What do you think???

[Snippit]

Very fascinating and constructive. Thank you!

 

Its a 2-way benefit, no problem. I am seeing many charts at or close to (ii) mostly resources and GLD plus the Rand against the world so I see these things driving the ALSI to ATH mainly via (iii) of 3 all of which is seemingly within Primary 5. But this foretells that input costs will increase and bottom line will cause anticipation of dividend shrinkage and offloading will come about. The US is in Primary 1 so this should bring Primary 2 upon them and those in the same wave. JSE is a beneficiary of of this anticipated resurrection of resources and should only see Major 4 of Primary 5.

[pointbreak]

Good question. I suppose I am trying to obtain some correlation. I look at the SWIX on investing.com to see if waves are makes any better looking counting than the futures chart.Usually it does,but time consuming. This example suggests the present correction leads to a bull run with some breakout energy...

 

Very fascinating and constructive. Thank you!