On 14/01/14 we had 156,054 open contracts, followed by a 1,000 points move upwards.
How do you know it was calls or puts?
A
Posted 21 May 2014 - 03:30 PM
On 14/01/14 we had 156,054 open contracts, followed by a 1,000 points move upwards.
How do you know it was calls or puts?
A
"Never never never give up!"
Posted 21 May 2014 - 03:25 PM
Posted 21 May 2014 - 03:21 PM
We have close on 153k open contracts on Jun14 Alsi, if the most of these are new short positions, we might see the mother of all short squeezes, should the bears get frightened.
On 14/01/14 we had 156,054 open contracts, followed by a 1,000 points move upwards.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Posted 21 May 2014 - 03:06 PM
We have close on 153k open contracts on Jun14 Alsi, if the most of these are new short positions, we might see the mother of all short squeezes, should the bears get frightened.
Alsi future
I only post my views, not advice
Posted 21 May 2014 - 02:30 PM
The bigger Top 40 futures picture...
But will the best of all Elliott patterns fail us once again?
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.
Posted 21 May 2014 - 02:05 PM
IG SA40
Posted 21 May 2014 - 01:33 PM
We possibly turn around at 550 for a 300 point drop according to my calcs..hope it holds some credence though..
Pretty boring stuff!
Will also see some action once the bearish crosses start..and 15min is near!
A
Edited by Argento, 21 May 2014 - 01:34 PM.
"Never never never give up!"
Posted 21 May 2014 - 12:05 PM
Come on, tell me, what drives this market?
Gov. buying?
MTN, NPN, SOL, AGL, BIL?
Posted 21 May 2014 - 11:47 AM
Does anyone else see the inverse H&S on the 15 min chart - Neckline 44700-ish and Target 45000?
K
I see it.
Now if the head is taken out then prepare for a failed H&S.
Posted 21 May 2014 - 11:30 AM
Posted 21 May 2014 - 11:29 AM
Does anyone else see the inverse H&S on the 15 min chart - Neckline 44700-ish and Target 45000?
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 21 May 2014 - 11:29 AM
Open interest @ +-153000 in Jun14 Alsi.
I cant remember that I have ever seen it this high?
Some thing is brewing.
Alsi future
I only post my views, not advice
Posted 21 May 2014 - 11:20 AM
IG CASH
Posted 21 May 2014 - 11:17 AM
And kaboem! Day's high (and 44600 - J200) taken out.
This is pure bull, I say!
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 21 May 2014 - 11:04 AM
one more thing A...Followin the pension funds is actually following the dumb money..maybe someone has stats on pension fund returns vs actual stock performance adjusted for low or marginal risk but im pretty sure it will be inflation + 2/3 percent across the pension funds
Thanks for your views G!
A
"Never never never give up!"
Posted 21 May 2014 - 10:42 AM
ARGENTO!!! Don't let your cat get close to the Red BULL!
So far, 600 has held...
Decision time... Up or Down?
K
Too few points to play on the upside...just a last kick!
US should take us down again...short term see a H&S in the works!
A
"Never never never give up!"
Posted 21 May 2014 - 10:39 AM
There is an easy way to determine if the market is actually going down for a sustained period. Monitor the J200 and the JSE ALSH. If you want confirmation it is going down the j200 (top 40) needs to be lower than the ALSH, if not it will go back up. For up the j200 is between ,05 and .1 above the ALSH. At the moment it is .05 above the ALSH.
Grant
Posted 21 May 2014 - 10:06 AM
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.
Posted 21 May 2014 - 09:49 AM
ARGENTO!!! Don't let your cat get close to the Red BULL!
So far, 600 has held...
Decision time... Up or Down?
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 21 May 2014 - 09:31 AM
Concur A. Market proves you wrong just before it proofs you right. My shorts looking very good especially the one of the high of yesterday. Now it is just to time it right and not to sell too fast again and not to get caught with the bounce again! Wish i could predict that point.Well to all the shorts this is were you make money,but beeing squeezed and the relief of just seeing some green often makes you to take what ever profit there is and sell just to get out of the position and then to see the market going the way you wanted it and you sitting on the sideline loosing out.
IG CASH