Great day to deploy capital :-)

[tech/a]

Good one tech/a you seem to have a lot of confidence in these waves.

Anyway I bought some ERA yesterday average price $7.46 and some PDN average price $3.44

Almost fully invested.

I use them simply to read where a trade or chart is at in its maturity---bullish or bearish.
I dont want to be filling up a portfolio when it looks like a bearish turning point and Vice versa.
Right now anything Long is in my view very short term.

 

[Muschu]

I use them simply to read where a trade or chart is at in its maturity---bullish or bearish.
I dont want to be filling up a portfolio when it looks like a bearish turning point and Vice versa.
Right now anything Long is in my view very short term.

Well expressed Tech....

 

[sinner]

Last nights NY close was a great day to deploy delta neutrals...imho. Aussie dollar straddles were cheaaaaap this morning.

Aaaahahahahaha...

 

[VSntchr]

So now that its been a few weeks since this thread was created..I must ask...are all the techies still forecasting doom and/or gloom?

 

[professor_frink]

So now that its been a few weeks since this thread was created..I must ask...are all the techies still forecasting doom and/or gloom?

nope.

 

[nunthewiser]

nope.

Yep.

short oportunitys and entrys taken with nice low %loss on MY defined stop areas at this present time.

but im not using elliot so i cant change the story to suit if im right or wrong

 

[sinner]

Yep.

short oportunitys and entrys taken with nice low %loss on MY defined stop areas at this present time.

but im not using elliot so i cant change the story to suit if im right or wrong

Weird comment nun, using Elliott is what defines when you are right or wrong in your interpretation.

Just as an example, this is not a trade recommendation, but I note for example tech and Boggo both recently proposing a 5 wave impulse down, with 3 waves completed, 4th in progress nearing completion with the 5th being the last impulsive swing of the move. I happen to agree. If the proposed 4th wave exceeds a certain threshold, the count was wrong and the trade should be exited at a loss.

Very cleanly and explicitly defined. I am wrong, at point X.

The count will have to be re-done at this point, but that doesn't mean "changing the story to suit if you're right or wrong" (sic), the wave structure counted was clearly wrong.

 

[tech/a]

Nothings changed all still in tact.

 

[nunthewiser]

Weird comment nun, .

Yes.

it was an immature dig for no reason as i was feeling cheeky at the time.

I have now grown up and no longer care about others ideas on what they want to use to spend their cash.

i wish everyone well and looking forward to taking their money in the market.

as you were.

 

[sinner]

Yes.

it was an immature dig for no reason as i was feeling cheeky at the time.

I have now grown up and no longer care about others ideas on what they want to use to spend their cash.

i wish everyone well and looking forward to taking their money in the market.

as you were.

Alright dude, I guess we can't just have a discussion about it then then...

I was trying to understand your comment, I'm flat in the Aussie markets, you are the one who is short (using some analysis which I'd rather hear than two weird comments)

 

[tech/a]

All my shorts stopped out last night.
Still have a pretty full portfolio long in the market.
Count still remains the same as above.
But with the SPI at 4811 looks that will alter today.

 

[suhm]

Well i've definitely been wrong to date, not that sad about it as it means I've made some money, just not sure what the market is rallying on, china seems like a bubble, europe and japan in the doldrums, the US printing money to get itself out of a recession the broader fundamentals don't look that great at present, they haven't looked great for quite a long time though, but if the market can shake off earthquakes, a tsunami and nuclear disaster in Japan, pending debt defaults in europe and civil war in the middle east the bull must still have some legs.

 

[Wysiwyg]

All my shorts stopped out last night.
Still have a pretty full portfolio long in the market.
Count still remains the same as above.
But with the SPI at 4811 looks that will alter today.

Gave up some serious points with this rally from 4500, tech/a?

 

[tech/a]

Gave up some serious points with this rally from 4500, tech/a?

Wasnt shorting from 4500.
Shorted Both SPI FTSE and DAX.
Took a hit in SPI and picked up both DAX (70 ticks on Dax one night) and FTSE.
Long portfolio running in the background,culling the weak and buying as triggered.
All in all finished a little down but not un happy.
The whole idea was to hedge and I still will if weakness appears
Which it will.

 

[So_Cynical]

Great day to deploy capital ?

I deployed some capital the day after this thread opened and its proven to be a very good time to deploy capital....with today's rally i imagine the majority of stocks would be higher than they were on the 14/15th-March.

 

[nunthewiser]

still within stops and parameters.

still short
still long
still awesome

i love youse all

 

[Bill M]

Great day to deploy capital ?

I deployed some capital the day after this thread opened and its proven to be a very good time to deploy capital....with today's rally i imagine the majority of stocks would be higher than they were on the 14/15th-March.

I bought 2 loads too and was lucky enough to pick 16 March (the low point) on one of them. The stock I bought was cum dividend too. Was never worried which way the price was going to go as I waited a very long time to buy a great dividend at a cheap price, cheers.

Yes and I bought more today. I do not trade as such, I buy for long term dividend income and do not need the capital I deployed at this time, can ride out any ups or downs.

 

[adobee]

Nuclear disaster now on par with Chernobyl April 12, 2011 - 11:37AM
http://www.smh.com.au/environment/nu...412-1dbpa.html

Hey i got filled today AMM @ 0.28 CPS .. just a little average down.



LOL seriously.

Chernobyl = Graphite reactor with no containment vessel, proper meltdown and explosion of containment vessel = apples.

Japan = LWR's with containment vessels, no meltdown as reactors were shut down and no containment vessel explosion = oranges.

----------------------------------

Its simply stunning how usually sane individuals can be making big money decisions without any adequate understanding of the facts.

 

[So_Cynical]

Nuclear disaster now on par with Chernobyl April 12, 2011 - 11:37AM
http://www.smh.com.au/environment/nu...412-1dbpa.html

Originally Posted by So_Cynical View Post

LOL seriously.

Chernobyl = Graphite reactor with no containment vessel, proper meltdown and explosion of containment vessel = apples.

Japan = LWR's with containment vessels, no meltdown as reactors were shut down and no containment vessel explosion = oranges.

----------------------------------

Its simply stunning how usually sane individuals can be making big money decisions without any adequate understanding of the facts.

And your point is?

Did you actually read the story..ill quote

"Japan's Nuclear Industry and Safety Agency (NISA), the country's nuclear safety watchdog, told national broadcaster NHK that it raised the crisis level to seven as the damaged facilities at the plant were continuing to release large amounts of radioactive substances.

Japan said this reflected the initial severity of the crisis and not the current situation."

The bulk of the global nuclear industry and i agree that Japan's Nuclear Industry and Safety Agency has got it wrong....you simply cannot compare Chernobyl to Fukushima Daiichi its just a silly silly comparison not grounded in any reality at all.

Chernobyl = massive reactor core explosion and melt down spewing a radioactive cloud over Europe killing thousands (over time)

Fukushima = No massive core explosions, no massive radiation cloud, no core meltdown, no reactor vessel breach, no runaway nuclear reaction/s...notice the continual use of the word no, because essentially no-thing much happened.

 

[mr. jeff]

Has anyone noticed that a lot of ASX stocks seem to be forming a descending triangle right now.
Can anyone offer an insight into why apart from that the stock values went up and now have slowly cooled off again?
I am looking to gain an idea of what seems to affecting this and whether there will either be impetus for a sudden move up or down...
I might be getting a little bit too creatively observant, but for example;
PEN
SDL
FMJ
FML
IDC

I wonder what macro stuff is coming that might head us either way. Could be a sign that there is a good change expected, or perhaps things were overpriced and looking at a sharp downwards spike. Is it anticipation of earnings in the US. Just a thought, I personally only trade based on the stocks price action, so this may seem a contradiction....