7058 replies to this topic

[Hooligan]

Im medium term reatilers...not short term...Yeah so im still short!!

 

I'm looking to short SHP @147 as a start.

 

Closed that $/R long for 1020 pips...took a small position though...so it resulted in some small change.

[HDB]

HDB you still shorting bounces on retailers? Just bagged the woolies divi and thinking about getting out around this price...

Im medium term reatilers...not short term...Yeah so im still short!!

[@sirgrantfleming]

Africa is a myth...They will lose more money than make there!!!!

HDB you still shorting bounces on retailers? Just bagged the woolies divi and thinking about getting out around this price...

[Queen B]

Anyone read the GLN sens this morning? What are your thoughts

[delta66]

If it fails we could see 250 again but if it cracks through it will power up. Expectation relating to coming earnings report could drive it through.

thanks gamma, valid point..its high risk shorting on the back of their earnings report.  could go as high as 295-300 if general market conditions are supportive.  if short from 280 reserve firepower to buy back if needed.

[gamma]

order in another short APN 280.00

 

280 short is a not a bad trade. APN is at resistance formed in Oct 2013. If it fails we could see 250 again but if it cracks through it will power up. Expectation relating to coming earnings report could drive it through. How Saad manages the income statement will tell us whether he can balance growth with efficiency.

[delta66]

Why do you say short?

I've looked at the trend and it looks like its broke resistance and will go up to test 129?

What am I missing?

 

correct from a tech viewpoint...this is counter trend trade , position size limited if need to follow up

 

only prob in equation is order hasn't been filled..will revise again tomorrow

 

..time 2wind down now with some good scottish whiskey

[Hooligan]

order in short VOD 122.50

Why do you say short?

I've looked at the trend and it looks like its broke resistance and will go up to test 129?

What am I missing?

 

[delta66]

closed my short NED..cha-ching

[BBW]

order in another short APN 280.00

 

 

order in short LHC 3850

Wish I could follow you, but already "too short" on the SA40.

[delta66]

order in another short APN 280.00

[delta66]

order in short LHC 3850

[delta66]

order in short VOD 122.50

[HDB]

Back to my question..

 

Is the top 40 future price determined on volume or made by market maker?

 

 

Thanks Delta for your answer. Anyone else...Jakes, S, A , Mhlato??

[delta66]

Director : Simon Susman
Company : Woolworths Holdings Limited
Nature of transaction : On market purchase of shares
Class of securities : Ordinary shares
Date of transaction : 19 February 2014
Number of shares : 32
Purchase price (weighted average) : R62.20 per share
Total value of transaction : R1 990.40
Highest price : R62.50
Lowest price : R61.89
Nature of interest : Indirect beneficial (held by an associate)
Clearance obtained : No

 

Director : Simon Susman
Company : Woolworths Holdings Limited
Nature of transaction : On market sale of shares
Class of securities : Ordinary shares
Date of transaction : 20 February 2014
Number of shares : 32
Selling price (weighted average) : R62.00 per share
Total value of transaction : R1 984.00
Highest price : R62.00
Lowest price : R60.97
Nature of interest : Indirect beneficial (held by an associate)
Clearance obtained : No


Cape Town
3 March 2014

 

what the hell??

Edited by delta66, 03 March 2014 - 12:11 PM.

[@sirgrantfleming]

was hoping CML would trade lower today to top up long..don't look like it

managed to click some out at 8860 - looking to get more on a dip...

[delta66]

Nice, VOD seems to be gaining momentum now.

SL upped to 119.

could be a great short from 12250..

[Hooligan]

Same, also in at 77.52 with a TP of 84.

 

Also currently long VOD at 117 looking for a break up top in the next week or 2.

 

I need to get out of my SHP long, sell order in at 141  Hope it strikes today...looks unlikely!

 

Anyone trade some currency here?

Long USD:ZAR starting to look attractive...hmm I'm adding the 1st order at 10.68.

 

Nice, VOD seems to be gaining momentum now.

SL upped to 119.

[HDB]

I closed my long at 141 for a small loss (basically just fees and spread...you know how expensive Standard OST is  )

 

Anyway, short - medium term I also rate short...but want to get in a little higher.

 

If it dips towards 120 though...I will look to start adding for my long term  portfolio...with the whole africa view etc...

 

Africa is a myth...They will lose more money than make there!!!!

[Hooligan]

yeah..was looking at that.  difficult to say which direction price action going 1-3days but still outlook down on medium term(whole sector, for that matter)

I closed my long at 141 for a small loss (basically just fees and spread...you know how expensive Standard OST is  )

 

Anyway, short - medium term I also rate short...but want to get in a little higher.

 

If it dips towards 120 though...I will look to start adding for my long term  portfolio...with the whole africa view etc...