35854 replies to this topic

[strydomk]

Good. Sounded odd. Some people from summit tv have been talking about it. Doing an interview with the fsb representative today.

[strydomk]

Good. Sounded odd. Some people from summit tv have been talking about it. Doing an interview with the fsb representative today.

[gannet]

Ive just seen a few tweets that the FSB has ruled cfd trading illegal. Not sure if its for real or if it affects all cfd trading. Maybe someone knows something.

 

Nothing on their website

[Qbre77]

Ive just seen a few tweets that the FSB has ruled cfd trading illegal. Not sure if its for real or if it affects all cfd trading. Maybe someone knows something.

I have not heard that and doubt it is true. CFD trading is not legal in the US though.

[strydomk]

Ive just seen a few tweets that the FSB has ruled cfd trading illegal. Not sure if its for real or if it affects all cfd trading. Maybe someone knows something.

[AJS]

That hourly candle does not look good (for bulls that is)!

[Qbre77]

Am I right in thinking that all cfd trading ends 31 july. Imagine how much money i will save.

wa do u mean?

[strydomk]

Am I right in thinking that all cfd trading ends 31 july. Imagine how much money i will save.

[K~~]

And let that be the end of it....bears should awake now and when US opens!

 

A

The bears are not exactly jumping out the window... 

[Argento]

And let that be the end of it....bears should awake now and when US opens!

 

A

[AJS]

If we turn before 45000, I will consider it very weak and the bottom ready to fall out.

 

Hourly I suppose?

[Beorn]

Not far to go now.

 

If we turn before 45000, I will consider it very weak and the bottom ready to fall out.

[Beorn]

I will close some @ around 44800.

 

The rest I will leave to run to +-45050 and there I will go short again, with the sink.

 

Not far to go now.

[bear catcher]

Eish lucky covered shorts on 44570 again , world markets turning green 45000 here we come!!

[Ninja]

Ja ja.... Guess I know all of that.

Just venting on timing a short after closing longs too early in this 5 year cycle

Ninja

It's not one or the other, but a combination of it all! The days that domestic issues had an influence on our market is long gone. Only a local black swan event will change that. Go look at the Top 40 shares. Collectively the DOW, FTSE, exchange rate, carry trade, international holdings, earnings, etc. determine the direction of the ALSI.

Just look at some of the top 10 ALSI shares:

NPN: Obv with Tencent making up 85%+ of holdings.
AGL and BIL: South African revenues and shareholders are minority groups.
MTN: The SA market is a minority group.
CFR: Chinese consumers determine the share price, not us.

You said: "Our market is far from fundamental and economic reality and common sense..."

So is the FED, the Dow, the Russell 2000, the FTSE, the IMF, etc.

[JJBen]

Ninja

 

It's not one or the other, but a combination of it all! The days that domestic issues had an influence on our market is long gone. Only a local black swan event will change that. Go look at the Top 40 shares. Collectively the DOW, FTSE, exchange rate, carry trade, international holdings, earnings, etc. determine the direction of the ALSI.

 

Just look at some of the top 10 ALSI shares:

 

NPN: Obv with Tencent making up 85%+ of holdings.

AGL and BIL: South African revenues and shareholders are minority groups.

MTN: The SA market is a minority group.

CFR: Chinese consumers determine the share price, not us.

 

You said: "Our market is far from fundamental and economic reality and common sense..."

 

So is the FED, the Dow, the Russell 2000, the FTSE, the IMF, etc.

[delta66]

opposite direction to general consensus

[HDB]

Mhlato posted a chart last week that showed we have outperformed almost every other major market this year. Whilest the rand has gone from 11 to 10.35. Commodity prices have dropped. Something stinks

Strydom I am being honest when I say this..

 

As Roundtree always said...This market is run by the mafia or thugs...It will only go as per Jakes to the side that will inflict the most pain!!

 

Now if you wanna be a winner, you must always think as if you are the market maker or casino owner ie you own IG!!

You control the system.

Do you want to pay out more than you cash in?

 

No....so manipulate the system for you to take in more than you pay out, otherwise you out of business.

This works for all the markets in the world.

 

 

Now you must think like the market maker when you enter a trade....

Edited by HDB, 20 May 2014 - 11:57 AM.

[strydomk]

Mhlato posted a chart last week that showed we have outperformed almost every other major market this year. Whilest the rand has gone from 11 to 10.35. Commodity prices have dropped. Something stinks

[delta66]

thanks HDB..makes sense.  that dynamic wreaking havoc on shorts today.  fed policy coming up but in a world of uncertainty going to rely on the charts for direction