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Any Ideas on direction of the ALSI ?

Reply
Not applicable
Just closed my longs at 28800,was looking for 28820 but market looks like she wana move down soon, so all in all not a bad 400 points
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Rams
Super Contributor
Simon, like Smoking, the warnings are not enuf, you need regulation.Laws that keep children away from SMOKE, GUNS AND DERIVATIVES?
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Not applicable
the site gives enough warnings when you register and if people are not clued up on the ASLI and how quick it moves then they must not trade it.
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Rams
Super Contributor
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Rams
Super Contributor
you dont know before you trade it, you have to trade it to know that you not special some tens of thousands rands, lesser, later...
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Not applicable
One has to start somewhere, but the cash you trade with must be cash you don't need as one will pay a lot of school fees..
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Not applicable
Looks like big short on the way..lets see what she does
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Mar-11
Super Contributor
i would wait for trading below 690 brfore shorting...
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Rams
Super Contributor
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Not applicable
looking for a 50% retracement at least..
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Not applicable
Just to add 28650-28600 is the level to watch for now, below that we will pick up some speed..
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Mar-11
Super Contributor
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Not applicable
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Mar-11
Super Contributor
730 old channel level to watch..
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Not applicable
market being rambo again it seems..line in sand 28780
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Mar-11
Super Contributor
long again at bottom of old channel
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Rams
Super Contributor
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Mar-11
Super Contributor
yes 660 power at moment...look at hr old resistance
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Not applicable
Frost.I dont think this is short.Only a correction on the way up.
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Not applicable
depends on your goal, short term or long term?? I think the definate trend is down but there is resistance. Does not mean there will be longs and shorts inbetween!
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