Didn't i say it was buy time!

#641
Posted 07 June 2013 - 07:56 PM
#642
Posted 07 June 2013 - 07:15 PM
Well now. Who is going to have egg on their face? Me or HDB and Perreby? Can't wait for Monday. That small correction was a healthy one for long term continuity.
Edited by Orca, 07 June 2013 - 07:20 PM.
I started here with nothing and still have most of it left.
#643
Posted 07 June 2013 - 02:27 PM
The possibility of SA being downgraded is waining as can be seen by the ZAR.
If we are downgraded, foreign Institutional investors will have to withdraw their investments from SA due to their governments policies. This will impact Coronation's AUM.
This and the flair up at Marikana spooked investors hence the sell off. Just my view.
I started here with nothing and still have most of it left.
#644
Posted 07 June 2013 - 10:32 AM
HDB, I've learned very early on in this forum to listen to you, but chose to ignore you this time. Mistake! Anyway, think you may be right; last year in April CML also made a 20+% "dip", down to the 50MA line on the daily chart. Or what do you base your projections on? I'm out of CML now, after losing 70% of my year's profits to date, and will now also wait for around R50 before I climb in again. Unfortunately I've got to much faith in CML to short it, or is that pure dumb emotional investing/trading?
Sorry guys, that's in MAY on the WEEKLY chart.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#645
Posted 07 June 2013 - 10:25 AM
My CML short just earned me some petty cash money so far!! Im still waiting for R50.00 to buy a rolls!!!
HDB, I've learned very early on in this forum to listen to you, but chose to ignore you this time. Mistake! Anyway, think you may be right; last year in April CML also made a 20+% "dip", down to the 50MA line on the daily chart. Or what do you base your projections on? I'm out of CML now, after losing 70% of my year's profits to date, and will now also wait for around R50 before I climb in again. Unfortunately I've got to much faith in CML to short it, or is that pure dumb emotional investing/trading?
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#646
Posted 07 June 2013 - 10:00 AM
#647
Posted 07 June 2013 - 09:47 AM
#648
Posted 07 June 2013 - 09:03 AM
Se hom, Gamma!
haha
#649
Posted 07 June 2013 - 08:59 AM
Perreby, you've been saying this since CML was around 35..
even a broken clock is right twice a day
Se hom, Gamma!
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#650
Posted 06 June 2013 - 10:15 PM
CML's up 152% past 52wks.. if you're a trader I can see the sense in taking some profit off the table. If you're an investor it makes no sense
#651
Posted 06 June 2013 - 10:12 PM
Guys hdb and I have warned that if she pulls back she might do so thick and fast..
Nice short hdb
Perreby, you've been saying this since CML was around 35..
even a broken clock is right twice a day
#652
Posted 06 June 2013 - 02:16 PM
not enough pullback yet....target 55
“melior diabolus quem scies”
#653
Posted 06 June 2013 - 02:01 PM
Guys hdb and I have warned that if she pulls back she might do so thick and fast..
Nice short hdb
#654
Posted 06 June 2013 - 01:52 PM
...going to be interesting seeing what she closes at today
“melior diabolus quem scies”
#655
Posted 06 June 2013 - 01:46 PM
My CML short just earned me some petty cash money so far!! Im still waiting for R50.00 to buy a rolls!!!
look at that new Gulfstream G280 private jet..only 2 in SA you could be the third
“melior diabolus quem scies”
#656
Posted 06 June 2013 - 01:36 PM
My CML short just earned me some petty cash money so far!! Im still waiting for R50.00 to buy a rolls!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#657
Posted 06 June 2013 - 01:27 PM
This is probably someone proving the CML can be shorted. Thank you , well done. You have made your point now please put the money back !
#658
Posted 06 June 2013 - 01:24 PM
U were saying?
Yes, I was waiting for this. I'll start worrying if it drops below the 100MA line on the 4hr chart. In the meantime I'm buying; all my retail position stopped out, so got some margin again to work with! (Got a "gap" to cover to 62??)
Edited by BBW, 06 June 2013 - 01:27 PM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#659
Posted 06 June 2013 - 01:22 PM
I'm going for a walk before I buy CML just because I've never seen this before.
No other reason.....
Anyone need a heads up...!