10 votes
Master
Posted 03 October 2013 - 01:27 PM
Considering this trade: Short SPG @ 2500, TP @ 2200, SL @ 2600. What do you guys think? Should I rather wait to see IF it retracts? (Nice cycle on the dailies)
Seems I missed the bus? Didn't have the guts as nobody commented. Actually considering Super Group for my LT portfolio...
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Advanced Member
Posted 03 October 2013 - 12:06 PM
cant open the pic.
when you say double top are you calling the initial top in May?
For me thats too long ago, if anything you could argue for a trading range between 520 and 470
Target for a trade would therefore be upper end of the range
Yes, I'm referring to the top in May.
Thanks for the advice.
Sage
Posted 03 October 2013 - 11:59 AM
SAB seemed to have formed a double top. Is that something we should consider when going long, or can we ignore it because of the strike influence? http://postimg.org/image/5f9nm5pur/
cant open the pic.
when you say double top are you calling the initial top in May?
For me thats too long ago, if anything you could argue for a trading range between 520 and 470
Target for a trade would therefore be upper end of the range
Advanced Member
Posted 03 October 2013 - 11:53 AM
When do you think the turn will happen for SAB. What is your target?
SAB seemed to have formed a double top. Is that something we should consider when going long, or can we ignore it because of the strike influence? http://postimg.org/image/5f9nm5pur/
Sage
Posted 03 October 2013 - 11:50 AM
When do you think the turn will happen for SAB. What is your target?
when the strike ends.
Timing is guesswork here.
Advanced Member
Posted 03 October 2013 - 11:42 AM
in with u guys on SAB at 488
When do you think the turn will happen for SAB. What is your target?
Advanced Member
Posted 03 October 2013 - 11:42 AM
Sold MTN at 200.50. Nice little profit.
"Veni, vidi, vici"
Posted 03 October 2013 - 11:10 AM
in with u guys on SAB at 488
“melior diabolus quem scies”
"Veni, vidi, vici"
Posted 03 October 2013 - 09:55 AM
SOL finally appears to be waking!!...any suggested TP's for LDT...is 490 to optimistic 
i'm in at 479
“melior diabolus quem scies”
"Veni, vidi, vici"
Posted 03 October 2013 - 09:46 AM
Took a small bite at 497.
Going to double up now.
The strike will end and the share price will go up
as sure as the sun will rise tomorrow
no doubt...its a great trade...will make fast money once strikes are sorted
“melior diabolus quem scies”
Sage
Posted 03 October 2013 - 09:44 AM
yeah, been missing my entry bid just off their intra day low's for past few day's so hopefully i get in today at 488 every day strikes continue this could slide, those entering now exercise caution on your exposure with a view to "buy back" if needed/necessary
Took a small bite at 497.
Going to double up now.
The strike will end and the share price will go up
as sure as the sun will rise tomorrow
Sage
Posted 03 October 2013 - 09:42 AM
Pardon my ignorance, but whats the relationship?
Whats their holding?
>5%
They upped their stake in June
"Veni, vidi, vici"
Posted 03 October 2013 - 09:39 AM
Also need a top up. Long at 497 :/
yeah, been missing my entry bid just off their intra day low's for past few day's so hopefully i get in today at 488 every day strikes continue this could slide, those entering now exercise caution on your exposure with a view to "buy back" if needed/necessary
“melior diabolus quem scies”
"Veni, vidi, vici"
Posted 03 October 2013 - 09:30 AM
I see DSY is also slowly starting pick itself up from the floor
...no regrets being way over-exposed on this contract
“melior diabolus quem scies”
Advanced Member
Posted 03 October 2013 - 09:25 AM
Go Mtn. Nice open today, but need naspers also to keep going, and INP to head down a bit. Do you think coronation is going to run today?
I think coronation needs a close above 70, soon. I see DSY is also slowly starting pick itself up from the floor
Newbie
Posted 03 October 2013 - 09:24 AM
order in long SAB 488
Also need a top up. Long at 497 :/
"Veni, vidi, vici"
Posted 03 October 2013 - 09:09 AM
order in long SAB 488
“melior diabolus quem scies”
Advanced Member
Posted 03 October 2013 - 09:08 AM
Go Mtn. Nice open today, but need naspers also to keep going, and INP to head down a bit. Do you think coronation is going to run today?
Little Master
Posted 03 October 2013 - 08:49 AM
Newbie
Posted 03 October 2013 - 08:03 AM
I guess Coronation must be smiling all the way to the 'bank'
Pardon my ignorance, but whats the relationship?
Whats their holding?
