Today's CFD Call

With the LTD tom for LHC, any views on whether we see a further drop a bit from tom?

due to the massive response, i added LHC at 3650.

tp 3850 for now.

With the LTD tom for LHC, any views on whether we see a further drop a bit from tom?

Seriously considering topping LHC up at 3650, with a tp of around 3850.

Seems to be a bit of a greener day today.....

Hope it gets greener....
 

Seems to be a bit of a greener day today.....

Perfect storm brewing on gold stocks, wondering just how much sentiment is being attached to the unions "war mongering" demands.

Foreigners must be assuming the worst with 84% pay rises as the opening salvo from NUM.

Also now trading comfortably below $1200/ounce.

Which one to short is the question for me it's either SBY or ANG

What say the crowd....? Ninja you is a gold bug.....what's your take...  

Hey Crowe

 

I wouldn't be long on SGL. I posted a chart about a week and a half ago (see SGL attached), where it broke support and was trading in a down channel. It is still trading in that channel (see new chart SGL-2 attached)

 

If it keeps this trend going it could go as low as R16-00, to find support.

 

Just my view. Hope I'm wrong, if your going to stay long.

Sigh...

thanx pilot, if this hits 1600 i will vomit.

Did you see the recovery in the later part of today (3:30ish)? What you make of that? in fact just tell me its not going to head in the 1600 direction!

market has been brutal today. hope it recovers tomorrow

Added a chart for SGL guys.

 

There is actually 3 resistance lines it hasn't broken yet. The long term bull trendline (resistance) was also broken 5 days ago and it has been tested for 3 days now, and failed.

 

I dont like the setup at the moment. Just my view.

 

Hope I'm wrong, if your long

Here is my post on 12 May. see chart SGL on previous post.

this has probably been the most painful trade of my life!

 

i feel really stupid having not closed it a long time ago, and am not fighting for survival. Just hope there is not much more downside here.

 

Hope to get some input a little sooner than the VOD input i got previously. lol

Hey Crowe

I wouldn't be long on SGL. I posted a chart about a week and a half ago (see SGL attached), where it broke support and was trading in a down channel. It is still trading in that channel (see new chart SGL-2 attached)

If it keeps this trend going it could go as low as R16-00, to find support.

Just my view. Hope I'm wrong, if your going to stay long.

I was so irritated to miss the spike to 25... I only hope that this is the bottom...

I am with you Crowe... Also still long and topped up at 2130... Bleeding

this has probably been the most painful trade of my life!

i feel really stupid having not closed it a long time ago, and am not fighting for survival. Just hope there is not much more downside here.

Hope to get some input a little sooner than the VOD input i got previously. lol

I am with you Crowe... Also still long and topped up at 2130... Bleeding

TKG also a problem.

You still long here Delta?

i am considering topping up around the 6950 levels.

Edited by crowe, 26 May 2015 - 12:31 PM.

any views on SGL at these levels (buy/hold/sell)? what's the technical analysis (going up/down), or is it purely driven by the gold price?

i'm tempted to nibble   ooh! there is even the wage negotiation issue...

i am bleeding badly here, still long.....

have topped up twice, not sure if i should continue to do so.

nobody got a view on this??

 

 

Take a look at the above infographic food for thought...!

Tjo! thanks Soutie, i'll pass

Take a look at the above infographic food for thought...!

any views on SGL at these levels (buy/hold/sell)? what's the technical analysis (going up/down), or is it purely driven by the gold price?

i'm tempted to nibble   ooh! there is even the wage negotiation issue...

Edited by McEdama, 25 May 2015 - 12:38 PM.

waiting patiently for VOD to show signs of reversal

% allocation ? where u planning on adding 

Hi GC..this was a "add" to my current open pos.  my allocation is now maxed on this trade.  will be medium term trade as my target is way up there..(>R128.00<)

--no fear!--

Edited by (*****), 25 May 2015 - 09:08 AM.