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Online Share Trading

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Any Ideas on direction of the ALSI ?

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GrantRB
Contributor
Any ideas where the ALSI will go today ?
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128 REPLIES 128
richardw
Super Contributor
From left to right. Guaranteed. :)
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GrantRB
Contributor
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I have entered a short, but cautiously as Alcoa is reporting earnings today and will mark the start of the earnings season..28660 seems to be resistance for now..
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It just keeps bouncing but there are definately some "big" buyers holding price up.
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richardw
Super Contributor
Sadly EUR/USD > local big buyers. Sooner or later one of them has to be wrong. Since the current problems are being generated overseas (US/EU/China etc), I'd vote for the overseas banks knowing more than some local gung-ho money manager.
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Ja nee kyk, we might need the mop soon, going to get nasty..
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Frost Hierdie perd kort net 'n ligte skoppie onder sy gat dan hardloop hy soos die REDS se skrums*****el.
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She is going to give soon I can feel it in my bones..lol
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gareth01
Regular Contributor
agreed....the sentiment has changed and the big shares are starting to fall below that resistance levels...shorting time!
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This is where I leave my short position, sit back and watch.
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I see south and with so many problems the world has, Im short and will stay there until something comes to give hope...
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Standing with a mop and bucket pointing at the malsi..he he nice short so far!
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BTW we at the 50% retracement.. I took some profit..will see how we go further into the day.
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Mar-11
Super Contributor
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Mar-11
Super Contributor
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Gap closed at the 28000 level
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What thoughts on it dropping thru 28000 and touching 27600?
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