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Sep Alsi Futures

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FEK
Super Contributor
Forum, futures went pass +/- 36050 - 36100, what are the next likely targets ?
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95 REPLIES 95
Rams
Super Contributor
36340, 36506 provided ALSI trades above 36000
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Rams
Super Contributor
too late for an intraday short?
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stores
Super Contributor
Hi FEK...I suggest that instead of asking where the market is moving every day, that you give your opinion on where you think its going, and why...I think that this is fair...Do you?
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FEK
Super Contributor
Thanks stores for your comments, think we are heading towards 36500.
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SimonPB
Valued Contributor
I would suggest that instead of asking where the market is going, one merely waits for it to tell you .. trade the price ..
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Rams
Super Contributor
Good advice Simon....once I enter a trade , the exit is entered also....thereafter , the market decides what happens to the trade....very lazy, especially with a good early morning trade....I am considering making it even more lazy by not even moving the stop ...
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orange68
Super Contributor
yesterday and today free points i even brought food to celebrate
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Not applicable
Wednesday and Thursday will be days of reckoning. Mr Bernanke gets to rattle our cages on Wed night 8pm (SA time), he will talk about QE and tapering, possibly beginning in Sept. I try to never be the last one to leave the party!
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Rams
Super Contributor
So more money to be made
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Rams
Super Contributor
looks like pancakes until Benanke?
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FEK
Super Contributor
Agreed, and then the blow up.......
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Rams
Super Contributor
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FEK
Super Contributor
Possibly, Rams is your prediction still that we have reached the bottom in June ?
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Rams
Super Contributor
just a "prediction", but not trading based on that...i have been investing(adding to my portfolio) based on the TOPI going through the 200 EMA(daily chart) and coming back up through the 200 EMA..so the bottom was more than 2000 points away...and that was just about a month ago...
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FEK
Super Contributor
Good for you...
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Not applicable
Well,if this morning so far is just a sample of whats still to come (today/tomorrow)... I guess the clever thing would be to head for the hills and watch. Quite some important data coming out of US this afternoon, before Mr B speaks.
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SimonPB
Valued Contributor
it is just data, the market will tell us if it was(is) important ..
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Rams
Super Contributor
and the importance of what he says is relative to whether you short or long...you have to be in the market, to buy, to sell,or hold
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Not applicable
36500 seems to be the big number to watch.... it's either a bull or bear trap!
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