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3000 points

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saash
Super Contributor
From Monday to Friday, with gaps to close, and a predominatly downward trend ... so When's the whip-lash comming?
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13 REPLIES 13
asylum
Super Contributor
after i dump my short position
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saash
Super Contributor
Where's Chartist telling us that we broke through resistance and its time to go long?
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Not applicable
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asylum
Super Contributor
Classic bear trap ask org.
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faure
Frequent Contributor
I think we've gone too far too fast. Wouldn't be surprised if we make new lows in the coming weeks/months - I'm thinking 20k ALSI.
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org
Super Contributor
yes this is a relief rally, dow moving down in 5-wave structure, count them yourselves...faure i think u r the youngest member on this site...
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Saassh I said that at 25000 we are now at 26757...wakker slaap....too late now ...down we go again...
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The volatility is amazing. Take AGL for instance. Last week it traded as low as 30900 and today it shot up to 35400. Someone buying AGL last week at 32000 to 33000 could have sold this week at 32000 to 33000 with relative ease. Many Funds don't make those returns in a year. Pity anyone caught on the wrong side of these movements.
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35300. AGL hit a high note of 35300 today, not 35400. :P
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Correction ..... OMG ... where is the edit feature in this forum? So many numbers in my head, not enough hours in the day. My point was that someone purchasing AGL at 33000 last week could have sold for a R100 more today at 43000. I am new to trading, but this is the largest instrument in the JSE trading soooo widely.
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45300. AGL hit a high note of 45300 today, not 35400. :P
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saash
Super Contributor
Ahem. I was being wry.
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john_1
Super Contributor
I guess a couple of shorts are terrified this mornimg.
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