TopSage : Daily Market Talk ....

[Nik1971]

all good except appl, I shorted apple a few months after jobs died
he is apple's greateat asset and irreplaceable. I have already closed that position taking profits.
the other stocks.are.good but I don't own.any of them as the risk level.is.too.low.for.me.

Ok, ok. What's your views on the CHC trial?

 

[TopSage]

Ok, ok. What's your views on the CHC trial?

plse put this qn in another thread, I believe they are bad but not as bad as what pple think

 

[TopSage]

13 Sept 2013.

My recommendation for today is to buy EZRA at
$1.24-$1.27.

The reasons for buying will be apparent in the coming days.

Ezra is up 6cents this morning about 7% from the
the point I say to go in. Congrats to all who took
this opportunity

 

[Blazars]

Ezra is up 6cents this morning about 7% from the
the point I say to go in. Congrats to all who took
this opportunity

And what price are we looking at for exit?

 

[po2wq]

9 Sept 2013

My forecast for a 2 week rally on 28 Aug has completed
the first week. I expect the market to rally on for
another week before it faces some challenges.

Traders should look for good exit points once
we cross the middle of the week ...

u said market rally completed last friday ... 2day market shoot up summor leh ...

 

[TopSage]

u said market rally completed last friday ... 2day market shoot up summor leh ...

My suggestion is to use trailing stops to play such rally extensions for as long as they last.
If you have big positions that are hard to get out, you have to gradually reduce exposure.

 

[amazedbyyou]

hi Sage, hope there is no SAGA around this2 days. Thinking os unloading my
long-time holdings as it is marginal profits now. Wonder for how long this surge be?

 

[TopSage]

17 Sept 2013

going through my data . the short rally had one extra extension
day yesterday due to.Lawrence Summers turning down job at the Fed
and tesolution of Syrian crisis. This short rally has largely
ended and market will start flattening and/or go down
. PIMCO expects tapering to start this weak.andthe deeper peoblems
in Asian economy will reenter traders focus.

I will start shorting HSI today and play the downside.

 

[amazedbyyou]

tks Sage,; we should all READ with a pinch of salt. Ultimately,
we make our own call.

 

[syed putra]

people like topsage causes volatility everywhere.
And volatility hinders real/actual trade instead and rewards speculators.
Jobs are not created due to speculating but are lost due to it.

 

[xdecepticon]

Anyone whos into stocks and shares and buy to hold must be nuts.

Buy low. Sell high. Stop loss.

 

[Zanniel620]

Hi TS, u still short on hsi now?

 

[amazedbyyou]

Anyone whos into stocks and shares and buy to hold must be nuts.

Buy low. Sell high. Stop loss.

Is that so?. I hv capital. Im not in a hurry to make $$ quickly NOR am I in
need of $$ urgently. Therfore, I must be MORE than NUTS by yr comments.

 

[Zanniel620]

TS, u still holding your hsi shorts?

 

[Zanniel620]

TS, what's yr plan on hsi shorts now? No tapering but underlying economy not as good.

 

[amazedbyyou]

hi TS, its surging again....my oily ones are riding high(kc,sm),,when do
u reckon that they make landing?

 

[Zanniel620]

So who is still holding shorts esp hsi? TS no comments after your Monday hsi shorts?

 

[po2wq]

13 Sept 2013.

My recommendation for today is to buy EZRA at
$1.24-$1.27.

The reasons for buying will be apparent in the coming days.

friday closed !@ $1.13 ... 4 evry lot u stil hold, u haf a loss of > $100 ... how? ...

 

[WongMengMeng]

friday closed !@ $1.13 ... 4 evry lot u stil hold, u haf a loss of > $100 ... how? ...

This not including the loss from shorting the Hang Seng on 17th Sep. Now Hang Seng up 500 points. Margin calls to pay. That's why our TOPSage ask for cheap fares to Taipei. Need to run road.

 

[bushtucker]

on CNA market talk forum, you Topsage is the well-known reverse indicator. if you short, we long. if you long, we short.