npn

[Russ]

One of the talking heads a couple of nights ago suggested a short here.Instead it seems to have broken up from a reverse H and S.It is however overbought.Long term looks great,but might get a pullback to about 400 short-term.Any views?

[doomsdayza]

you would be shorting an all time high. always ends badly - i know! why not go long half your normal position size with a view to adding further to your long at a retest of the break out? just my view.

[Russ]

Not a bad idea.

[#4]

Man do I feel like a chum. I shorted the hell out of Naspers this morning, that is before a 2% possitive move. I to saw that comment. Feel like withdrawing the cash an buying a little something for myself. Retail therapy. Eish... If anyone has a green arrow for my portfolio they can spare it would be greatly appreciated.

[sponono]

I like this quotation from Jesse Livermore "Markets are never wrong - opinions often are".