Hats off for Chartist. !!!!!!

[barry_1]

Chartist using his tables and charts knew early in the day yesterday that all sign were extremely bullish and twice posted the fact.Thanks and congratulations!!!!!I also arrived at the same conclusion,how ever doubt started to set in as i read the posts and only late yesterday afternoon became positive again.Ive climbed into SBK calls on AMS and AGL does not matter how long it runs as one can always get out at the first faltering of the msrket.

[Preston]

Barry, So cash is no more king?

[barry_1]

Yes,it would seem for the moment anyway,how ever i still have half my trading funds in cash and of course 25% of my portfolio in property!!!!!

[Hibiscus]

What impressed me most was the confidence of his call. Nice one Chartist. Now we need confirmation that we are back in the long term bull trend

[#5]

we never had confirmation that the bull trend was broken so no need for confirmation of the resumption....

[dimitrius]

That's weird. I also knew it would be positive. JUST BY LOOKING AT THE DJIA AND S&P FUTURES. Why don't you just erect a statue to this guy and get it over and done with.

[Hibiscus]

Agree; but at one stage I was ***** scared!

[#8]

But what about the significant gaps, both this morning and yesterday morning? Oh, and the one last week ... none have been closed ...

[#9]

there is a huge gap 5 days old that dominates these other gaps...see my post re market moving events....

[#10]

So we should go short at 26000 (where the gap is) and wait for the gaps this morning and yesterday morning to close? Interesting to note that the corresponding gap on the FTSE last week has just been closed - there were also gaps this morning (closed this morning) and yesterday morning (as with our market).

[Hedgehog]

The market is in a downtrend and it will have these jumps, probably more than once, but until the charts give us a solid reason for an upturn I would say about now is the time to start looking at put warrants. Gentleman, study the charts again.

[SimonPB]

grubber, use the zoom on your chart, see what's happened since Q2 of 2003. Draw the lines, tis a bull till tis not.

[john_1]

Simon are you long?

[SimonPB]

in my short term trading portfolio - no. Probably be a day or three before I get the buy signal.

[Hedgehog]

Hi Simon Agreed it's a bull, but in the short term it's a down with bounces. The JSE overall has broken the channel it has been trading in for a while. Not enough strength to convince me is hould not be looking for puts in the short term after this current bounce.

[#16]

I really don't think a question like that is appropriate on a family forum like this. Anyway, it's just not something one gentleman asks another.

[Brazen]

mmmm someones pretty chipper today. You long SIM or something ;)

[#18]

Where do ya all view the chartist's info??

[#19]

Nah. Taking a long weekend. Don't have to look at my losses for four whole days. Also, SXR is up by a few cents for the first time in weeks. Probably all change at 4.59 today, but for now, it doesn't suck quite so much to be me anymore. Yay.

[#20]

HAHAHAHAHa