TopSage : Daily Market Talk ....

[Seee3]

Just felt that US is making it's move. All markets will go down till Oct 17. Then come the bombshell - QE will be reduced.

 

[Guerriero]

SOme Introduction first on this thread.

I'm a full time mid term trader looking for mid term trends anything from 2-3 weeks up to months if the trend holds out.
I use a set of quatitative tools analysing inter-market relationships (correlations) and money flow. I also superimpose the fundamentals
economic analysis to more fully understand what is going on. My analysis results in trades I think have the highest outcome of success.

So far my record is roughly 60% of my trades are profitable and profitable trades have roughly double the gain compared with losses on
losing trades. My tool of choice is IG Markets CFD which gives me access to almost all stock indices, forex and commodities. All my trades
are made with a fix cut loss (with occasional exceptions) and I trade almost anything so long as I think the risk/reward is favorable....including
penny stocks, blue chips and commodities.

For this thread I will update every morning my thoughts and analysis. and the outcome of so that people can follow easily.

Bro, will try to follow. But must give good tips le...

 

[TopSage]

I spent the morning buying 2nd liner stocks that have been sold off.
Now I'm interested in the HSI which fell -188pts (now 22935pts).

WHY? Are we not all suppose to PANIC?
Isn't the market having a LONG WAY MORE TO FALL?

The answer is NO. The market is very close to bouncing up although where I called the bottom for HSI, more than a week ago proved to be holding up as the HSI remain above that level despite general weakness.

BUT THE MARKET WILL SOON REBOUND. WHY?

Check this market :

www.tase.co.il

This is the Israeli stock market and it rose 1.4% yesterday. Why? The Israeli traders already got wind that the US impasse will end soon and sources say the mainstream media is not well informed.

My moves today :

1. Morning - BUY small caps and 2nd liners.
2. Noon - BUY HSI.

Market prove fearful. but I think people are missing OPPORTUNITY....some are even SHORTING the market, but it will prove to be their mistake.

8 Oct 2013

Yesterday's trade to buy HSI (now up 263pts) and small caps proved profitbale. Zero gains on the ODW & S&P as both close near where the futures market opened yesterday.

Still overal has been quite profitable.

 

[Zanniel620]

TS, u see Dow will continue to trend down till 17 oct or your chart show turn around soon? Continue long with Dow keep drifting lower at least till 17 oct is not profitable.

 

[Nik1971]

8 Oct 2013

Yesterday's trade to buy HSI (now up 263pts) and small caps proved profitbale. Zero gains on the ODW & S&P as both close near where the futures market opened yesterday.

Still overal has been quite profitable.

Can buy Asiasons? Please advise

 

[SadPlumpGirl]

Can buy me some roses?

 

[whoami]

TS, wats ur take on Albedo? Macam like Rowsley.

 

[TopSage]

8 Oct 2013

Yesterday's trade to buy HSI (now up 263pts) and small caps proved profitbale. Zero gains on the ODW & S&P as both close near where the futures market opened yesterday.

Still overal has been quite profitable.

11 Oct 2013

With the huge surge in Dow yesterday, most of my trades now are profitable
with the exception of Ezra, but expect some very sharp moves on this stock in the coming days if my sources proved right. So far my 2 trades to buy hsi and on trade to buy S&P futures are all doing very well. Expect t market to increase the upside momentum in the coming week

 

[johnny333]

Makes one wonder if some people from the Republican party is using inside info to load up on shares & have now made $$$$.

 

[Zanniel620]

TS, how much more upside for hsi?

 

[Zanniel620]

Coming week mean u expect next week more upside?

 

[Zanniel620]

Market may have one last small upside before profit taking.

 

[Zanniel620]

The upside for mid term seemed almost done. China may continue to drag on today.

 

[Zanniel620]

Indeed market took profit during the day. Tomorrow China bad numbers more or less already factored in so Asia may not fall that much. Longer term bull is still intact for now.

 

[rushifa666]

go for gold. you'll thank me

 

[Zanniel620]

Agree, expected gold 15-20% upside from current.

 

[rushifa666]

i am however uncertain for gold where to put my money in. i can spot the trend but commodities is not my strong suit. any suggestions bro?

 

[TopSage]

11 Oct 2013

With the huge surge in Dow yesterday, most of my trades now are profitable
with the exception of Ezra, but expect some very sharp moves on this stock in the coming days if my sources proved right. So far my 2 trades to buy hsi and on trade to buy S&P futures are all doing very well. Expect t market to increase the upside momentum in the coming week

17 Oct 3013

S&P has reached.its all.time high. Generally
markets are moving up. I expect.this.up move to
last until end of the year and.likely to.extend into.
first 2 months of 2014.

 

[Yingge]

KNN DJ down and penny all die you MIA... After the USA default issue settled, you come here and talk cock again!!! Where are you the last 7 days when market is unstable with USA issue??? Con Hee??

 

[Devil Within]

Educate yourself with real economic 101 and not those bullshits from Keynesian witchcraft economics.

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By the way, I knew USD will weaken following Peter Schiff's logical reasoning. Also, he already predicted that Fed will not taper back in Aug and again, he was right.

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