501 replies to this topic

[SyndriN]

Happy days!   Anglo gold ashanti !

[Pilotpilot]

Morning everyone,

 

Attached is the updated spread sheet.

 

Most of the long positions are being closed, and I am opening some more short positions.

 

NPN has again refused to take the downtrend and I am closing this position, as it has now triggered a bull entry. (It will probably break this as well  ). It is definitely not following the rules.

 

Happy trading

 

P

Attached Files

•  Trending Shares (Week 24).xlsx   50.12KB   91 downloads

Edited by Pilotpilot, 09 June 2015 - 08:06 AM.

[Pilotpilot]

Thanks as ever for sharing Pilot, it has been very impressive watching your system at work!

 

Cheers Bits.

[Bits]

These positions has changed a lot since 14:00 when I checked them. 

Thanks as ever for sharing Pilot, it has been very impressive watching your system at work!

[loading.....]

Good afternoon

I do believe if NPN closes strong today or has a decent day tomorrow it will start to turn bullish.

you going to have to see tomorrow how it performs. on my charts it looks like it will be in the red tomorrow but then again its NPN 

[New_kid]

Good afternoon

I do believe if NPN closes strong today or has a decent day tomorrow it will start to turn bullish.

[SyndriN]

And as you think resources starts recovering it gets smashed straight back down, heavy volatility in resources today....come on gold!!

[Pilotpilot]

Afternoon gents

 

I am adding 6 short orders to trade at closing price today. (ACL, AGL, BIL, SLM, SOL and KIO)

 

I am also exiting 4 long positions at closing this afternoon. (KIO, GLN, EXX and VOD)

 

JSE will be the only long position left on the portfolio after closing this afternoon.

 

The resource shares has shown some resilience last week, but it looks as though they are all triggering a new bear trend.

 

Attached is the updated spreadsheet. ( It is doing well with the short positions, and longs are counter productive)

 

 

P

 

These positions has changed a lot since 14:00 when I checked them. It has now, not triggered the bear trend. I am keeping it as is. I am not going to do the 6 new trades, and I am keeping the long positions.   Crazy comeback in the last 2 hours.

Sorry for this, but I will need to see the closing prices to confirm. 

 

Please ignore previous sheet.

 

Attached Files

•  Trending Shares (Week 24).xlsx   48.89KB   48 downloads

Edited by Pilotpilot, 08 June 2015 - 04:11 PM.

[Pilotpilot]

Afternoon gents

 

I am adding 6 short orders to trade at closing price today. (ACL, AGL, BIL, SLM, SOL and KIO)

 

I am also exiting 4 long positions at closing this afternoon. (KIO, GLN, EXX and VOD)

 

JSE will be the only long position left on the portfolio after closing this afternoon.

 

The resource shares has shown some resilience last week, but it looks as though they are all triggering a new bear trend.

 

Attached is the updated spreadsheet. ( It is doing well with the short positions, and longs are counter productive)

 

 

P

 

 

Attached Files

•  Trending Shares (Week 24).xlsx   49.99KB   34 downloads

[julzM]

Hopefully we see R132 soon!Jse Ltd,Think its the best share for current market volatility!Higher profits!

[SyndriN]

Resources getting slaughtered today

[traderRick]

never! she is fighting back. go baby! got in at 12800

[loading.....]

JSE might drop to 12200

[SyndriN]

JSE R 125 

[SyndriN]

I just loved it when trading platform crashes @ 9

[julzM]

http://www.moneyweb....superb-jse-ltd/ Solid Share.
Concerning the share re-purchase, sens on the 4th June,says a total of 302 340 shares were purchased on the open market 29 May for the jse share trust.Not sure whats the story,concerning the share repurchase and how it will effect us ordinary shareholders

[julzM]

http://www.moneyweb....superb-jse-ltd/ Solid Share.
Concerning the share re-purchase, sens on the 4th June,says a total of 302 340 shares were purchased on the open market 29 May for the jse share trust.Not sure whats the story,concerning the share repurchase and how it will effect us ordinary shareholders

[Pilotpilot]

Jse trades ex divi on Monday,might drop just below your entry point of 130.70.Perhaps a lower entry point would be more suitable

 

Thanks Julz for the heads up. I see it is a large dividend (R4-80). I am changing the entry price to R128-60. Although R128-00 might be on the cards too.

 

It made a strong bull trend entry on Friday. This could be for the dividend, or it could be that they have waited to announce the share repurchase scheme, until after the divi paid out.

 

This share has held very strong in this market downturn and looks to be a very good bullish share (even for the longer term), with the repurchasing of shares. They have R1.6 billion in cash, to buy their own shares.

 

It actually makes sense, not to buy their own shares with the dividend, then they have more cash!!!  Announcement should come soon.

 

 

P

Edited by Pilotpilot, 08 June 2015 - 07:36 AM.

[julzM]

Jse trades ex divi on Monday,might drop just below your entry point of 130.70.Perhaps a lower entry point would be more suitable

[Schmitt]

Really enjoying following this thread. Thanks very much for sharing Pilot. Very fascinating fire a rank rookie. ☺

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