Anybody know why there was the big drop in technology shares on Friday, eg. EOH, DTC, PNC? OMN as well?
Edited by BBW, 23 December 2013 - 09:00 AM.
Posted 23 December 2013 - 08:57 AM
Anybody know why there was the big drop in technology shares on Friday, eg. EOH, DTC, PNC? OMN as well?
Edited by BBW, 23 December 2013 - 09:00 AM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Posted 22 December 2013 - 06:40 PM
Posted 22 December 2013 - 06:03 PM
I had SBK and FSR.
Closed half of SBK on Friday @12760. Will close the other half @ 129 tomorrow hopefully!
I am quite worried about SHP - I have a massive long on it...currently in a heftly loss.
Now guys reckon its time to short?? Its already lost 20% for the year and it remains fundamentally good. Strong Africa footprint etc...
I thought it would blast back to R180+ by year end.
Now I see one of the directors went short with another 10,000 contracts @162.50 on Friday...?
Hmm, I'm seriously thinking of closing it now.
Any thoughts on this one?
Posted 22 December 2013 - 01:18 PM
I had SBK and FSR.
Closed half of SBK on Friday @12760. Will close the other half @ 129 tomorrow hopefully!
I am quite worried about SHP - I have a massive long on it...currently in a heftly loss.
Now guys reckon its time to short?? Its already lost 20% for the year and it remains fundamentally good. Strong Africa footprint etc...
I thought it would blast back to R180+ by year end.
Now I see one of the directors went short with another 10,000 contracts @162.50 on Friday...?
Hmm, I'm seriously thinking of closing it now.
Any thoughts on this one?
Posted 21 December 2013 - 02:22 PM
Me did the double on FSR and SBK.. thought i'd get the best of both worlds, FSR is really pissing me off though, now thinking i should have just put everything in SBK.
Yeah. When SBK finally broke through the R120 5 year resistance it was good to see it consolidate around the (now) support level. Hopefully I can take some profit 130-ish befre 2014! Also had FSR but sold it, also lost my patience with it.
Posted 21 December 2013 - 01:02 PM
Get SBK haha
Me did the double on FSR and SBK.. thought i'd get the best of both worlds, FSR is really pissing me off though, now thinking i should have just put everything in SBK.
Posted 21 December 2013 - 09:54 AM
guys, i'm also in FSR..its like watching paint dry painfully slow!!
Posted 21 December 2013 - 08:46 AM
guys, i'm also in FSR..its like watching paint dry painfully slow!!
“melior diabolus quem scies”
Posted 20 December 2013 - 10:12 PM
Losing my patience with FSR...it just does not want to hold 34.
My TP of 36.50 by y/e is starting to look unrealis
you're not the only one waiting for 37
Posted 20 December 2013 - 03:36 PM
It's climbing nicely, whole market is now. BB?
BB = Bollinger Band. Sorry
Posted 20 December 2013 - 03:32 PM
I like how SBK is scaling that BB!
Posted 20 December 2013 - 03:28 PM
I like how SBK is scaling that BB!
Posted 20 December 2013 - 02:22 PM
Update : Shoprite ( SHP)
Closed long from double bottom R157.00 to overhead resistence R164.00 today!!
And back short@ R164.00 to ...................................at least triple bottom R157 and if that breaks...R140.00!!
Damn!!! cant short Shoprite on the standard bank platform
Posted 20 December 2013 - 01:54 PM
Update : Shoprite ( SHP)
Closed long from double bottom R157.00 to overhead resistence R164.00 today!!
And back short@ R164.00 to ...................................at least triple bottom R157 and if that breaks...R140.00!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 20 December 2013 - 01:42 PM
opinions VOD? considering short if price breaks 130.00
I pulled up the long term chart & me thinks R130 is very strong resistance for forever.
Having said that I'm of the opinion that it's foreign buyers, mainly UK, there's lots of plans being laid for their cash pile from the Verizon deal.
I'm gonna short at R129.75 with a stop at R132....But I'm a long term holder so will be looking for a back test to R130 (buy back my short ) then take off.
Anyone need a heads up...!
Posted 20 December 2013 - 01:30 PM
dammit ..missed nice bounce on IMP
Posted 20 December 2013 - 12:59 PM
dammit ..missed nice bounce on IMP
“melior diabolus quem scies”
Posted 20 December 2013 - 12:33 PM
Losing my patience with FSR...it just does not want to hold 34.
My TP of 36.50 by y/e is starting to look unrealistic.
I think SBK is the best bet of the banking shares at the moment. Just my 2c.
Posted 20 December 2013 - 11:25 AM
Losing my patience with FSR...it just does not want to hold 34.
My TP of 36.50 by y/e is starting to look unrealistic.
Posted 20 December 2013 - 11:18 AM
don't think so..money would be on a pullback down to 123-125 unless general market is supportive of higher moves. thanks for your input/view though..appreciated
i see what you mean. I'm going to add it to my watchlist