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Online Share Trading

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We are dumping !!!

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kwagga
Super Contributor
Fair warning to all out there. This might be a good time to either hedge your portfolio's or to take some profit off the table. The Alsi is starring at another potential 8% down. Target on the ALSI futures contract is 42800. See you at the bottom.
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21 REPLIES 21
sponono
Super Contributor
must take out 43800 first and then we might see (43800-(48500-43800)=39100
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Preston
Super Contributor
@kwagga, (lol) Chief, Do not open your parachute too early, you could get stuck on the lower level of ALSI bollinger bands and the family jewels could be exposed...
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Preston
Super Contributor
Technical pictures to the upside are failing fast. Downside behaving very well
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kwagga
Super Contributor
Sorry target is 41800. Short and smiling. Now 1100 pts in the black & liquidated some shares just in time.
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Preston
Super Contributor
Well done Kwagga, all RAMS profits is being directed into your bank account.
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Preston
Super Contributor
Well done Kwagga, all RAMS profits is being directed into your bank account.
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koos2
Super Contributor
So, 50k topi on ze cards...
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kwagga
Super Contributor
Hope you're strapped in. Sell targets will be reached today.
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Preston
Super Contributor
@kwagga,you are one happy chappie. How is the view at the bottom?
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kwagga
Super Contributor
Sunshine & *****tails preston. Love it.
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Hali
Super Contributor
Wow - MTN down to 165??
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Preston
Super Contributor
ALSI is fighting back...
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kwagga
Super Contributor
Just drawing in some more longs in order to gain momentum for the next down leg when they become sellers.
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Rams
Super Contributor
lots of explanations, but the FED rate hike the real issue.
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Russ
Super Contributor
I agree Kwagga. Why is anyone buying when the trend is down? Surely shorting the bounces is the better option?
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Preston
Super Contributor
@kwagga, be weary , the rand is improving quiet nicely!!1
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SimonPB
Valued Contributor
no, the real issue is sellers .. beyond that it is guesses ..
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Preston
Super Contributor
@kwagga, did you close your short?
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Rams
Super Contributor
So, seems FED Rate hike now moved to December , so by Friday we could guess if we at the bottom....
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