short TOPI

[DEP]

Anybody going short today on the TOPI?

[RDB]

not before we tested previous highs

[#3]

not today although we should she the decline starting....

[john_1]

Geez C I dont think I have ever heard you say you Intend to short, WOW! were is Zarp to hear this!

[#5]

Was also goiong to drop a comment on that, but thought i might be missing a caustic undertone of sorts. Please elaborate C?

[#6]

caustic? I just said not today - that doesnt mean I will tommorow, next week or whatever - I will when I get the signal...

[john_1]

There is nothing caustic, I have the utmost respect for Chartist and his TA... it is for this reason I made that comment. Speaking of TA Chartist I have a question. Have a look at netcare, it broke above resistance made news high and is now pulling back do we look for a bounce off the last high at R14 or do you wait for a bounce off the long term support. your comment ( however caustic ) will be well recieved.

[#8]

Sure, I thought it was a poke, but i was wrong, better?

[#9]

I would buy it on a pullback but I would wait for the trend resumption to be confirmed - we could see further downside - momentum is deckining and just hovering around the midpoint - we are nowhere near oversold so just wait till everything turns upward again. 1400 seems to have some support...

[#10]

super idego - actually you were right...

[john_1]

I agree I dont want to buy... But for future.. as a TA rule, would you look for a bounce off the horizontal support or the slopping trend line as a rule. I use netcare as an example as it has such stable trend lines.

[#12]

Dammit... caustic bulls, wasn't short today btw :)

[DEP]

where to from here for the topI?

[cfm]

Long ..... till you are wrong!

[RDB]

hope you didn't go short on 12 Febr

[GdM]

shorted yesterday. Being burnt a little, but didn't go too big in. Surely a small correction tomorrow?

[RDB]

sold long earlier this AM and went short, burning currently

[SimonPB]

gdm, you know what the recent record for number of green days in a row is? 9! And more then once.

[GdM]

How many have we had Simon? Around 8? I'll be happy to make my losses up...

[Tango]

today will be the 4th green day in a row. Could be a tough week for the bears if we go for another record.