TOPI

[Bouwer]

Previous thread deleted.. Looks like this could be turning into a bearish market? Long term trend support line broken at 45600 on daily. 30EMA dangerously close to going below 60EMA.

[Dr_Phopho]

I think 44000 could be a strong support...If it breaks that level,I will consider a bearish view

[Rams]

Daily trend still intact on ALSI FUTURES, until about 43000

[Bouwer]

Should get a pull back today or Monday? Daily is heading for oversold territory and intra are all overbought..

[Rams]

I have started accumulating in all portfolios....BVT, SHP, waiting for BIL at about 300, WHL at about 60......

[Bouwer]

Bit of a gamble at the moment?

[AJ_]

Current volatility makes is risky buying now. "Don't catch a falling knife". The big question is when to enter the market and what economic factor will trigger a buy. Everything looks negative now

[Rams]

Agree....not geared. Share portfolios based on "valuations".....once "price" is reached, then I buy, yes can down further, but you will not get the bottom.....

[Bouwer]

Are you planning on buying below "your" fair value?

[Rams]

No, simply because for a particular portfolio, the fund allocation to that particular share is for that particular price....so balance of funds for other shares making up that portfolio

[Bouwer]

How many different portfolios do you have?

[Rams]

10

[SimonPB]

I run a different portfolio for every system, so lazy x2, momentum x2, death do us part, etf & speculative

[koos2]

Looks like we are gaming for tgap at 1935 on the S&P!

[koos2]

the gap, sorry laptop seems unresponsive today.

[Bouwer]

I don't really look at the other markets unless I plan on trading it.. Usually just look if it was a green or red close.

[Bouwer]

Gonna end red again?

[Rams]

US futures all green...

[Rams]

and our futures closing near the high of day...

[Rams]

We now at the bottom end of this 4 month sideways channel.....and I am taking a close look at the BBEWT40, which has come off from the highs of late.....