35854 replies to this topic

[Rulz3]

We have been in a correction for the last 3 years. So my guess is we are not going to have a big drop (50%), maybe 20%. The longer we stay on a flat line the lessor the chance get we are going to have a huge drop. So another year or 2 on these level very possible.

[Ninja]

That is cirrect SIR

[cdb999]

doesn't mean today is the exact day that its gonna pop dude. The market has been doing unpredictable **** for at least 4 years now.

[Ninja]

Human nature that ppl will just not be willing to sell when at the top... but will readily be willing to sell when closer to the bottom

Unfortunately... some of these will pop the same question "do i get out now" on this forum when we near the next bottom

For now ignorance is bliss.... buy while the others are buying

[Ninja]

Just received a hard copy of weekly technical reports on global indices including some key stocks...

U don't get a clearer sell sign that the ones on these charts...

Put simply this is a time to get the hell out and not in

Wish I could share but they're confidential

[cdb999]

Final call for bulls to the slaughter house...

why?

[Ninja]

Final call for bulls to the slaughter house...

[cdb999]

Seems like today is going to be a big down day. So good for the shorts. The bulls are you going to buy the dip?

Btfd buddy

[Rulz3]

Seems like today is going to be a big down day. So good for the shorts. The bulls are you going to buy the dip?

[cdb999]

Let's see if this changes the Rand bubble mentality a little. Put a little bit of doubt about the Rands future trajectory. From what I can tell technically the Rand tends to revert back to its 200 Monthly moving average before making its way back higher. That kind of move would be far more consistent with its fundamental standing relative to the world. At the moment that is sitting at 9 and 14 to the Pound which is a seriously long way away.

I think it's a very plausible scenario given the expected inflation and resulting rate paths of both countries. You take the Zuma factor away and sentiment could drive us there.

I know you have hope but he isn't going to leave. He is like a cockroach

[Mostlya]

If that scum is removed you can expect massive strengthening of the Rand. Up to 10% in the weeks following IMO.

Let's see if this changes the Rand bubble mentality a little. Put a little bit of doubt about the Rands future trajectory. From what I can tell technically the Rand tends to revert back to its 200 Monthly moving average before making its way back higher. That kind of move would be far more consistent with its fundamental standing relative to the world. At the moment that is sitting at 9 and 14 to the Pound which is a seriously long way away.  

 

I think it's a very plausible scenario given the expected inflation and resulting rate paths of both countries. You take the Zuma factor away and sentiment could drive us there.

[Mostlya]

wow Zar got so strong on ANC Zuma removal rumour

ANC has already denied it

[bullsnbears44]

wow Zar got so strong on ANC Zuma removal rumour

If that scum is removed you can expect massive strengthening of the Rand. Up to 10% in the weeks following IMO.

[Halfday]

wow Zar got so strong on ANC Zuma removal rumour

[cdb999]

just when you think

 

and up and up and up

its gonna drop. you get a smack in the balls

[Mostlya]

and up and up and up

[Mostlya]

yeah i guess. or they are taking advantage and they are the ones who are the contrarians. All over twitter, media etc people are complaining that the market is overvalued. on of the biggest net short positions ever was in January and markets soared. its insane and nonsensical, but in a way it makes sense, big banks just crushing those shorts.

I think at this point if you're calling for a massive rally you're the contrarian. Point taken about the short squeeze therefore. Holding on in the face of what seems like an impossible challenge here though. The longer it goes on for the more pressure builds.  

[cdb999]

yeah i guess. or they are taking advantage and they are the ones who are the contrarians. All over twitter, media etc people are complaining that the market is overvalued. on of the biggest net short positions ever was in January and markets soared. its insane and nonsensical, but in a way it makes sense, big banks just crushing those shorts.

[Mostlya]

You've nailed the hammer on the head bro.

 

bomb blast in Manchester and no reaction on FTSE doesn't even budge, gold sits still and like you say its a positive event. maybe because companies will get paid to repair damage so I don't know wtf is going on.

I think in the final stages of mark-up or even distribution events which don't have far reaching economic implications are not taken as neutral events but rather as a buying time. Essentially the mentality is if it won't crash the market then it must be a buy.

 

The reality is the effect on consumer sentiment in the UK which is already struggling. They're showing the signs of stagflation now and they're still in the midst of QE and zero rates. UK economy is probably the worst of all and the FTSE is probably the most overvauled of all. Big implications for the JSE of course. We focus heavily on the US all the time but the truth is the FTSE is going to cause the JSE big problems down the line.

 

For now the market remains euphoric and unable to see the bigger picture.

 

As I say we should find an ATH now. Too many bad events which create tiny pullbacks which are bought into. Don't see how it can be stopped.
 

[cdb999]

I wish. Naspers is unbreakable. Either Tencent is up or the Rand is weak. Its just too easy to blow the bubble.

 

Terrorist attacks are good for stocks. US will use this as a reason to go to fresh ATH and we should put for ours now. 

 

Meanwhile the biggest asset funds are starting to crash...Commodities, real estate etc. It's only the earningless tech companies that continue higher. Market breadth is a joke especially in Hong Kong. As far as I can tell Tencent is the only share that matters in Asia anymore. This concentration risk is global and integrated.

You've nailed the hammer on the head bro.

 

bomb blast in Manchester and no reaction on FTSE doesn't even budge, gold sits still and like you say its a positive event. maybe because companies will get paid to repair damage so I don't know wtf is going on.