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TOP 40

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Russ
Super Contributor
bil and agl have already dropped below last month's lows.Now the top 40 is just touching its support from last month.
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7 REPLIES 7
Russ
Super Contributor
If the market is going to rally I guess it has to be from here.I can't see it happening with the dow futures still negative and the futsee heading down.
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Not applicable
BIL AGL and SOL are the gravity well sucking the Satrix 40 down and the fact that they've broken lower resistance means Satrix 40 will follow. My long-term STX40 put and Simon's lazy trade is still chugging along happily.
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platsak
Super Contributor
The abyss is beckoning!. This is starting to look very ugly indeed.
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SimonPB
Valued Contributor
ya, my lazt system is just printing wine at the moment ... which is good as it is serious wine drinking season up coming ...
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Shawza
Occasional Contributor
for the wine fans www.thecru.co.za
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Not applicable
Simon I never saw what your lazy exit was. I think you mentioned an immediate 30% stoploss. My call would rather be a break of a 60 Day EMA, but I haven't had a chance to backtest it yet.
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Russ
Super Contributor
All bil and agl did today was go back up to touch their lows of last month and have bounced back down.That's not a good sign for the bulls,imo.
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