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Community


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Online Share Trading

Engage and learn about markets and trading online

High for 2010

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SimonPB
Valued Contributor
so the ALSI closed at the highh for the year yesterday .. pic at http://ow.ly/2PNyo
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20 REPLIES 20
Not applicable
i think a correction very close.Seems if we are in the euphoria stage.All bad news ignored.
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SimonPB
Valued Contributor
well last time al bad news was ignored, it went on for 4 years ..
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sponono
Super Contributor
the interesting thing though is that the market went up in the last two weeks on the back of a surge in industrials. if there is a sector switch and commodities start going up as well we might see this market going up even more.
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sponono
Super Contributor
the last two months
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Blik
Super Contributor
Simon stop tempting fate. You always tell us to Trade the Price. LOL.
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SimonPB
Valued Contributor
yip .. but the price told you too buy a month or so back ..
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Blik
Super Contributor
Unfortunatly I can only buy when I have spare cash - but I did add to some holdings I have about two or three months ago.
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Not applicable
Simon, what did you see a month or two back? What told you that the ALSI would go through the roof? This whole game is a case of playing the odds. But it sounds like you saw something. What was it? Share the knowledge.
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SimonPB
Valued Contributor
not alsi .. lazy system gave me a confirmed indi25 buy on 31 Aug ..
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Not applicable
Simon, is it possible to have the formula for your lazy system. i'd like to check out the backtested results
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Not applicable
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SimonPB
Valued Contributor
I don't code .. so no coding .. I also don't back test so don't have that either ..
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DST
Super Contributor
The source code is all in RMTL. Real men test live.
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Rams
Super Contributor
It means nothing at all now because a month or so back nobody knew, if you still in now, sure you got lucky because you tried to break even but got more lucky with some profit.
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SimonPB
Valued Contributor
nah dude .. not luck .. tis a system that's been working for almost 5 years ..
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Not applicable
exactly, it is all about picking up recognisable patterns out of the noise and acting on them.
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SimonPB
Valued Contributor
recognisable patterns a little advanced for me .. I just trade the probability - which is what MA cross over offers ..
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Not applicable
umm, that is a recognisable pattern too
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