Finally the banks are retreating (with decent red candles on the dailies)....BGA short finally broke-even, now for the drop to continue to R146 level..... !

Today's CFD Call
#2881
Posted 10 April 2014 - 02:48 PM
#2882
Posted 10 April 2014 - 02:28 PM
Shoprite short not doing very well now is it.... Adding more...
if it breaks 174 I can see it squeeze to 180
#2883
Posted 10 April 2014 - 02:24 PM
#2884
Posted 10 April 2014 - 01:16 PM
Remgro now at 203 money rolling in , love having access to my companies resources
#2885
Posted 10 April 2014 - 12:06 PM
will naspers follow to 7 percent up as well today?
hope so , in tencent we believe $
$...
#2886
Posted 10 April 2014 - 12:04 PM
looking at building short pos in LHC when price breaks 4150
With you on this trade.....your TP? around R36/37?
Long Mediclinic from low 70s?
#2887
Posted 10 April 2014 - 11:56 AM
had it in my sights @41 but didn't pull trigger...
“melior diabolus quem scies”
#2888
Posted 10 April 2014 - 11:29 AM
looking at building short pos in LHC when price breaks 4150
Makes sense but doubt it will get to your level
#2889
Posted 10 April 2014 - 11:13 AM
ITU seems to be lining up for a good long. Today is LDT for divi of GBP 0.10. Might be worth a nibble around 4900 (post divi). Also keeping an eye on Mondi for a long from 17500.
Not idly do the leaves of Lorien fall.
#2890
Posted 10 April 2014 - 11:13 AM
looking at building short pos in LHC when price breaks 4150
“melior diabolus quem scies”
#2891
Posted 10 April 2014 - 10:50 AM
tencent on a rip alright!!..small position npn paying off well
beauty man! so much for my 1000!
#2892
Posted 10 April 2014 - 10:39 AM
tencent on a rip alright!!..small position npn paying off well
will naspers follow to 7 percent up as well today?
#2893
Posted 10 April 2014 - 09:53 AM
tencent on a rip alright!!..small position npn paying off well
“melior diabolus quem scies”
#2894
Posted 10 April 2014 - 08:24 AM
Tencent you lekker ding! NPN, papa wag vir jou...
Tencent up 4.78%
#2895
Posted 10 April 2014 - 07:53 AM
#2896
Posted 10 April 2014 - 07:40 AM
GLENCORE [GLN] has has barely moved this month -R55, is this due to a slump in copper price? what are the prospects here? HOLD/SELL?
Think it has more to do with the uncertainty around sale of Las Bambas...market was hoping for quick sale and return of cash to shareholders which now seems less likely. I will hold for a bounce in second half of this year.
#2897
Posted 10 April 2014 - 06:46 AM
GLENCORE [GLN] has has barely moved this month -R55, is this due to a slump in copper price? what are the prospects here? HOLD/SELL?
#2898
Posted 09 April 2014 - 09:16 PM
SHP will continue to squeeze tomorrow...Fed minutes was dovish...watch the ZAR here.
have a similar feeling..in on small position @170 and confident enough to follow up
“melior diabolus quem scies”
#2899
Posted 09 April 2014 - 08:56 PM
thanks for the comments!
#2900
Posted 09 April 2014 - 08:34 PM
SHP will continue to squeeze tomorrow...Fed minutes was dovish...watch the ZAR here.Hi Guys
Since there is so much hype around shorting SHP, I decided to have a look.
I am no expert when it comes to analysing charts, google is my best mentor. (http://thepatternsite.com/st.html)
However, when I look at the chart it seems as though we have a long term symmetrical triangle which indicates a continuation of the prevailing trend.
Then what we have on the short/medium term is a downward channel of which we are on the upper level.
My question is, is my assessment of the chart correct and should we break and close above the upper downward channel, could we see SHP rally to new highs?
Thanks.