Don't suppose you'd be prepared to detail that for us would you?
yep i have no reasons to exit any longs except normal individual trailing stops/stoplosses.
my thoughts posted only looking at short term basis for next week , finding it hard too look much further currently
thanks for your thoughts
So, when do we get to see any of your analysis clayton?my analysis states we should reach 5000 quite freely.
The selling seems to be more resource based atm... as the POG fell under 1,000.
Closing rally???
I'm sort of thinking the big boys are still pumping (the media) while they are dumping?
LOL
yeah depending on what the US closes overnight, i will make my decision tomorrow, im getting a little nervous, may close out 80% of the portfolio.
Well sold 100% of my portfolio on thursday(Well like k.Rogers you got to know when to fold'em.)
But personally on a stochastic view/RSI & even on EW(Approaching last wave)seems we are near the top.From now on in,I'm only on cfd's on a daily basis,Until i see a minor correction.
Well at the moment the dow is -78points down,Let's see how it plays out!And if so maybe the bears might have started coming out of there caves? I know i have!
Anyway i have the view that the market is overbought on the short term view and we are either going to see a correction or a consolidation period for the final leg up to 5000 on the xao.My money is on the correction.Only time will tell
The only question is how deep will the correction be, and when..
Regards
Ray
My analysis is pretty much in line with your view, I also cashed out on thursday, for the reasons given earlier. Now sitting on the sidelines (with many others I suspect) waiting for the long awaited pull-back.
The only question is how deep will the correction be, and when..
Regards
Ray
My analysis is pretty much in line with your view, I also cashed out on thursday, for the reasons given earlier. Now sitting on the sidelines (with many others I suspect) waiting for the long awaited pull-back.
The only question is how deep will the correction be, and when..
Regards
Ray
Tiny Volumes on alot of stocks today. Any ideas?
The arrogance meter is off the charts!
Just because you sold out, and just because your "analysis" indicates a pullback, the whole market has to correct deeply?
Why so dramatic with the sell button? Why not simply reduce your positions, instead of dumping them all? I'm just curious, as it sounds as though you had too much exposure to begin with, if any dips scare you that much.
Just got too nervous I guess.. the divergence between TA and fundamentals has to resolve itself sometime in the near future.
It's not arrogant to take profits when appropriate. (At least I hope not)
Regards
Ray
Of course not, in fact - it's prudent to do so, especially when feeling uncomfortable. However, it is arrogant to expect the market to conform to your thoughts, and feelings.
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