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PaulC
Super Contributor
hahahah Simon that made me laugh. HG gets a signal but is ALREADY short. If Im honest tho I went short last night in the closing auction and I didnt even look at a chart. Welcome to HG territory Mr P.
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HateGauteng
Super Contributor
Still better to follow the signals. I got paniced by the moise and then whipsawed and now need to make up for some of that red.
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The Uptrend Line is now the key on the TOPI. 29 343 is THE NUMBER. A Close below that equals a 2nd breakdown of the Uptrend Line.(Aug2010 till present)....and looking at semi-proper Support takes us back to Nov2010 prices at 28 254. ...a 4.2% drop from 9Feb Close.Don't know about you,HG,but I hope your Six-guns are pearl-handled in quick-draw Holsters.Bad Outlaws closing in.....crazy Hedge Funds and their Algorhythm madness.Don't get whip-sawed,mate.Best of.
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OOPS!E....look at that TOPI drop.And look at that Rand as they test and test.I believe this is the beginning of a much bigger Pic for the FundamentallyPatheticRand,if one looks at its loss of power on the Crosses.Yeah, the Offshore Predator Funds have a need.A need to Feed.
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The Rand has lost 11.92% since 31 December( 6.5314 to the $).Makes you drink,doesn't it ?
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