7058 replies to this topic

[digi_dav]

Delta, Here is a Telkom chart on the daily, showing a triangle that I spotted a couple weeks ago. I think it could be crazy wishful thinking to think we could have another 2 x 20% swings...well, we got 4, so why can't we get 6 (It is a huge trading range) Some profit taking tomorrow/Wednesday when it could struggle to break 61 could validate the move and pattern back down.. will be interesting to see. Imagine we could ride this from 51 again #dejavumuch

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[digi_dav]

Thanks Delta! ;-P We both made a killing hey! Mine was from 5400s to 6000. I think that is the best trade in terms of amount of profit that I have ever done! I went in aggressive after I saw that bottom held and turned. Now it will be interesting to see what happens. I see 6050 as todays resistance. 61 maybe tomorrow if it doesn't fall before. A possibly pull back to 56 area. But I am not touching again until a long at 3800 or if it breaks 6300.

 

well done on that TKG trade Dave...banked nice profits on high target

[delta66]

well done on that TKG trade Dave...banked nice profits on high target

Edited by delta66, 03 November 2014 - 01:12 PM.

[digi_dav]

Exited TKG trade at 6030s! Awesome 2 week trade :-)! Gone long Discovery now to 110 (The 100 area is an important one to hold though). Still holding CML for 102 and Shoprite still holding looking for 165.....

[delta66]

still in sgl trade..if your entry was staggered and your view.. "medium term" i doubt you'll lose money.  keep powder dry for building a position over a medium term wouldn't advocate adding unless 10%+ in the red.  keep a close eye on NYSE listing

[crowe]

kudo's for bringing this to my attention.

cool.

 

sgl a bit of a worry! Your view?

 

im long at 2210

[delta66]

LHC looking like a good long around the 4050 mark, any views?

kudo's for bringing this to my attention.

[delta66]

thanks AJ...gotta feel some pain before gain    i'm comfortable in terms of gearing(ie. made contingencies for this) so no sweating this pos.

[AJS]

Gold just broken through import support level - 1180

 

Yeah, things look bleak. Hell, $800 is even on the cards. I am just watching this. You might be able to squeeze something out if you are a short term swing trader (which is what Delta does best).

[loading.....]

You don't want to be long in gold shares today - going to be ouch again! lol!!!

why is gold shares down again today?. i never trusted the resource sector thats why i still clear

[stoffels]

Well done, feels like a capitulation here...

Gold just broken through import support level - 1180

[AJS]

added SGL..2010

 

Well done, feels like a capitulation here...

[delta66]

added SGL..2010

 

[digi_dav]

You don't want to be long in gold shares today - going to be ouch again! lol!!!

[digi_dav]

mmmmm, excellent close on TKG the last 2 days :-D time to sell some telkom today under 61 me thinks :-D

[vlam]

yes, in @4051  could slide little further but very comfortable in adding lower down if need to.

 

One thing has changed since it tested support at this level.  Mediclinic came out with their trading statement yesterday - seemingly better results (only a trading update though) and trading at a lower P/E.

 

Not familiar with the growth prospects of each, currently still short...

[delta66]

will start accumulating VOD..order long 12390(limited exposure on entry(one-third) pos size)

closed VOD 13301...easy $

[delta66]

yes, in @4051  could slide little further but very comfortable in adding lower down if need to.

[davidp13]

some perspective...

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[crowe]

thks for post...yes, i have a order @4051(long) limited to one third allotment should further downside materialise.

 

 

edit*  looking at market depth might revise a little lower but still keen

thanx Delta,

 

you get your order?