Stochastic Nov Update no 3

 The Stochastic Alert for this period is extremely difficult to predict with any certainty,so keep those short stop losses in place. Also read Barry's update in a couple of days on his main blog,on how he sees the market developing during the rest of the year.
The weakness of the European stocks is weighing on our local exchange rate .
Shares at the bottom of the Stoch but showing no immediate reversal are ACL,ANG,AGL.
Shares still falling are and about half way down are KIO,BIL,EXX,OML,NED,SBK,SOL Shares at the top showing signs of reversal are ASA and IMP.
Completely out of sync is AMS which might make a good CALL as it is showing signs of a strong recovery. AS ALWAYS ONLY MY OPINION.

Stochastic Update Nov no 2

  Update 10/11/2010 The direction continues to be up,on the charts. Every pullback then produces a surge to a higher level.At the moment the Longs (CALLS) have it.The Rand /Dollar exchange rate is at the moment in favour of a stronger Rand ,which in turn favours our share market moving up.
most SHARES are mildly over bought,with a couple of exceptions. See the post on NOV  no1
for all the info.
Shares on the Stoch that represent the best value at this very moment are ACL,OML,NED,SBK and shares that have lost their way seem to be MTN and SAB. 
As always only my opinion.
On the index warrant side since 25 May TOPSKF is up 217%
and since11October TOPSKG is up 85%. i take the precaution of placing a 20% stop-loss on all my warrants.

Stochastic Analysis Nov no1

Update 1 Nov 2010
The Stoch looks very positive this morning and only some unseen event will possibly then have a negative EFFECT AND might change the outlook ,remmember to do your own research and keep a stop-loss as things can quickly in warrants trading .All the comments are only my opinion.
First off it seems as if there is a really positive vibe and warrants upon the following shares should do realy well as they are at the bottom of the Stoch and seem about to take off:- ACL,AMS,INP,MTN,OML,SBK and SOL
At the top and slightly overbought but showing signs of a further burst of positive energy are AGL and BIL
Showing signs of changing direction and going up now stuck half-way down are EXX,ASA,KIO,SAB.
The only share at the bottom and still showing no strong direction is NED
 The index warrants TOPSKF and TOPSKG    LOOK AS IF THEY MIGHT SOAR.
Beware when TOPSKU goes below 20 cents as if it hits the barrier for one second and even then returns to its former price you loose everything!Gold Bars aaaa

No 28 Stochastic Update

The RAND is stuttering at the moment as the US Dollar is showing the first glimmers of recovery.Benanke seems to want to proceed with Quantitive Easing which  will scuttle the Dollar and lead their currency weaker again.This will probably be the last time this occurs in this recession. As our currency firms our top 40 shares are likely to climb again,although it must be noted that the RESOURCE shares are not following  the rest up to any great extent.Now if the Rand starts to weaken and we receive more in Rand to the Dollar Platinum and Gold shares and other resources shares are likely to fly,but only after first sinking as overseas buyers don't see the weaker currency in the same light as we do.How ever as our dividends rise in Rand terms and our expenses drop,they are likely to revert to buying again.At the moment as physical gold and platium prices increase ever upwards our producers lag behind.
On the one year STOCHASTIC SHARE CHARTS the following is noted.
At the TOP but showing some sign of declining ,but might not be enough  TO MAKE A PROFIT on the vanilla bear warrants  range "between the ceiling and the roof "are
EXX,KIO,MTN,ACL,AMS,BIL,AGL,IMP  as they show signs of further falls in the offing.

Having been oversold ,but still continue downwards for a while are NED,OML 
The only share that show some signs of recovery in a day or two is SBK.
No real momentum either way can be expected till after our own and the American reserve bank meetings .
TOPSKG MIGHT BE WORTH BUYING IN  AS THE PRICE  DROPS ,BUT THERE IS NO REAL HURRY AND MIGHT BE BEST TO WAIT FOR A FURTHER DECLINE BEFORE ENTERING.
ThE ABOVE post was entered this morning
PM Now with China increasing its interest rate this afternoon there might be opportunities for shorts,but be extremely careful as this is against the trend regression line which is not broken and only very experienced traders should consider such a short sharp quick move.( IN AND OUT) 
SEE MY NEW PAGE 1 WARRANT WISDOM
..As always only my opinion,do your own research,I take no responsibility for errors and omissions.

Mini Post

Results of leading companies in America continue to improve.This in itself will not lead to a surge in their market ,how ever with Mainland China starting to increase its sales of goods worldwide ,Americans start to figure their own country is doing the same, its like a spring being wound up suddenly this plus a promise of further stimulation of their market will lead to an explosion of their major shares probably pushing the DOW to  around 11,580 before some resistance steadies their market again.
What has this to do with us ,you may ask? Well our Rand is likely to get stronger again and the knock on effect  will be felt as our resources are likely receive higher prices for their products.A very volatile market indeed,so always keep those stop-losses in place!

August Stochastic Update

NEVER HAVE THERE BEEN SUCH  BULLISH SIGNALS OF THE WHOLE RANGE OF THE FOURTEEN TRADED SHARES PLUS THE TOPI, WE FOLLOW TOGETHER AND IT SEEMS AS IF IT MIGHT TAKE PLACE IN THE NEXT 48 HOURS.DO YOUR OWN HOME WORK AND REMEMBER TO KEEP YOUR STOP-LOSSES IN PLACE ,IN CASE THE MARKET DOES NOT BEHAVE AS WE THINK IT SHOULD.Best time to buy is when the market starts gaining momentum i.e. when each low is higher than the last for a couple of days. Whats holding the market back now is that the US dollar is strengthening against the Euro and resource prices are staying subdued. (Always only my opinion so do your own research before deciding)
  Looking particulary strong are AGL,AMS,ASA,BIL,EXX,IMP,KIO,NED,SOL AND OUR TOPI. SOME ARE STILL AT THE BOTTOM OF THE STOCH AND POINTING DOWN,BUT SEEM READY TO REBOUND.
GAINING MOMENTUM IS MTN ON THE UPSIDE.
SAB AND SBK ARE RECOVERING BUT STILL SEEM WEAK.
THE ONLY SHARE LOSING MOMENTUM AND GOING DOWN IS AGL
 Weaker than expected retail sales on 19 Aug 2010 in SA have put a spoke in the momentum of upward motion today,how ever can be its over done as all the Stoch is still showing upward bias at least for the rest of this month.

First Update Stochastics

On the 14 shares we follow first dealing with the resources ACL,AGL,BILEXX,KIO,SOL are at the Top and do not look as if they might fall just yet,in fact they might bump along in this zone for awhile.Do observe the moving averages for the first sign of retreat,It might not be the right time to go SHORT yet.
The banks ASA,FSR,SBK,NED,OML are all showing signs of downward movement but to call for SHORTS is also difficult.There is s likelyhood of both OML and NED falling further so they could be considered for a SHORT,
PLEASE DO YOUR OWN RESEARCH AS ALL CALLS BY ME ARE MY OPINION ONLY
 MTN is also likely to stay at the top of the stoch for a while longer.
A good LONG might be AMS which has been a LAGGARD A lesser certain LONG is SAB but it does seem to be reversing up from the mid-way range
 The shares are taken from shares in the top 40 index

Update

    I am glad that the July 6 turned out so well.In my opinion only this might NOT be the right  time to go short in general.Most of the stochastic indicators seem to me as if the slight pause and small fall is just the right thing,to send the indicators further up.There has been a seven day advance and China also have important info coming out and how the market intrepets it.Gill Markus also can rock our boat,although I have the feeling any decrease has already been discounted.The banks in general are mostly at the top of their individual stoch charts .I should think not a good time to buy ,but you can hold what you have as if the rest of the market runs so will they,for a while yet.OML and ASA might reverse down.SBK is not at the TOP yet so is likely still to rise.
    Resources in general are half way up so are might make a spurt and even run for another period before reaching top.i.e. ACL,AGL,BIL,EXX,SAB AND SOL. IMP and AMS ARE LAGGARDS but are not convincing at this time.Watch other indicators in all the above.Do your own research before trading and ALWAYS KEEP STOP-LOSSES IN PLACE in case the derivitives on the underlying shares don't behave as we had hoped.
Join us on Twitter and then you can add the VIX to follow ,BESIDE ITS MAIN INDICATOR DO LOOK AT ITS CALENDER AS IT STATES THE IMPORTANCE OF NEWS COMING OUT OF THE MAIN COUNTRIES.
SEE BARRY'S BLOG AS WELL FOR NEWS ON RESOURCES. 

Update

 The Stochastic tells me that this might be the right time to go long. I feel confident about AGL and BIL,a little less so about AMS and even less so about IMP.Other indicators also confirm.Only my opinion as always. Do remember to ALWAYS  have your stop losses in place.I also have an index warrant on the TOPI although I bought this on Friday and cannot say if it is now too late to enter.

8pm  The market has turned choppy in America,so shorten those stop-losses on warrants.I still feel that the trend will be up over the next ten days,but obviously the Americans will only react and shares start climbing when positive reports start flowing again. see also   Advanced stock Trading Ideas

July First posting

Well the market is now in full retreat of the FOURTEEN shares we follow.The Stochastic is in each case falling and is either on the 20% stoch line or nearing it Only ASA is below it at this time.The angle of decent is still severvly down and only MTN is already bouncing along the bottom.One must see other signals on the charts before deciding to go long. KIO and SOL  seem as if they are LAGGARDS on the SHORT SIDE.I was short on the INDEX TOPI but I fear got out too soon.Should have stayed in and would have made more.It is so easy to read the signals wrongly.Even if the market seems to turn positive I shall wait till next week to decide when to go LONG AGAIN.
 THE FOURTEEN SHARES THAT I FOLLOW ARE ACL,AGL,AMS,ASA,BIL,EXX,FSR,IMP,KIO,MTN,NED,OML,SBK,SOL.
ALL IS CONJECTURE UPON MY PART,DO YOUR OWN HOME WORK BEFORE DECIDING WHICH TO TAKE.
The VIX shows lack of confidence at the moment and this is a good guide.Better to wait till it shows its going down again and the candles shorten,before going long again.

June Final Update

PLEASE NOTE.I TAKE NO RESPONSIBILITY FOR ANY ERRORS OR OMISSIOMS.
Please do your own research and only trade if you feel completely comfortable about it.
ALWAYS KEEP STOP-LOSSES UPON EVERY WARRANT YOU TRADE AS  THE MARKET MIGHT ACT OPPOSITE TO WHAT YOU EXPECT.
  
In the last update I suggested MTN was likely to decline,which it did the nextand made a good PUT warrant day,there after it became erratic.Remember always to keep stop-losses upon your warrants and other derivitives in case they don't pan out the  way you expect them to behave.
   At the moment the VIX is calming down and is now around $20,The trend is slowly down.Yesterday Moodys also downgraded Greece to Junk Bond Status and it did not have a dramatic effect upon the market,so it seems for the time being confidence is starting to build.
  We are in the middle of the futures close out and although markets are volatile they seem to be returning after each move to the median.The week after the close out has in the past led to markets declining,but we are coming off a low at the moment so this might not be the case now.
 The STOCHASTIC FOR NOW OF THE BLUE CHIPS SHOWS THE FOLLOWING; IN MOST CASES MOVING UP  with still room for further gains for
ACL,AGL,AMS,KIO,MTN,NED,OML and SBK,All seem likely to hesitate for a couple of days then have rom for more upside. IMP is a laggard so hopefully a good CALL as it seems to be moving up
EXX and BIL has reached the top,so might move sideways for a while or reverse down as the whole upward movement is not particulary strong at the moment.,banks look better and should still move upwards
   Do your own research ,as always only my opinion.

June First Update

The VIX is showing  a downward slant,but still around the thirty Dollars shows the market is still nervous..The Euro has shown some strength in the last couple of days and I feel that there is hidden strength there.
Still the market is likely to be volatile a while longer.The Europeans are quite a conseravative bunch and don't like to reveal how much support they can still give.
Do have a look at trading books available in past blogs as they are very good and at those available in the Amazon store.
When it comes to the stochastic on our local shares we find that most are bumping along the bottom and some have made false starts before returning to a negative trend again.It would seem as if put options would be the place where the best results would be.Never make a trade without doing your own research.
MTN has reached the top and might also present a shorting opportunity as it is always driven by rumours which generaly fail to materialise. REMEMBER ALWAYS TO KEEP STOP-LOSSES IN PLACE IN CASE A DERIVITIVE DOES NOT BEHAVE AS WE THINK IT SHOULD ,
Bank shares are proving to be directionless of late and it might be better to leave them alone till later.
The mineral resources although mostly at the bottom of the stochastic are waiting for their resource prices to increase and with China also hesitating at the moment it is difficult to decide what to do

Middle May Update

    Well although derivitive traders welcome volitility,there have been some events that have taken even day traders by surprise and this has been a difficult time to profit from some of the moves such the so called"thick finger" US move.
     In trading derivitives over any time -span it is always wise to keep a stop-loss in place.As the market becomes more volatile it is usually better to tighten the stop-loss.
     At the moment the South African market almost slavishly follows the  Dow which in turn  follows the relationship between the US Dollar and the Euro.When the Euro weakens against the Dollar the shares come off on the Dow and then the reverse of course i.e. When the Euro gains against the US dollar The DOW and NASDAQ shares strengthen.
    Another index one can watch to  see when trading in about to become very volatile is the VIX.The higher it goes the more skittish traders are about buying.
   All the major RESOURCE SHARES  are now at the bottom of their STOCHASTIC INDICATORS and most have made false starts at recovery.Do look at other indicators before deciding to go long such as  the RSI and watch for narrowing of the Bollinger Bands and of course moving averages. The share looking the best at the moment is ACL
Banks were at their best on Thursday last week to SHORT and now you It would seem as if they still have some way to run before reaching the bottom of the Stoch.Perhaps NED and OML would be good prospects for shorts,if the rumour about a take-over is not confirmed in the next couple of days.
ALWAYS REMEMBER TO KEEP YOUR STOP-LOSSES IN PLACE IN CASE THE SCERANIO DOES NOT TURN OUT AS YOU EXPECTED.

Update for April par t2

The underlying shares have performed mostly as we thought they might for the first part of the month.
 First today I should like to deal with the INDEX KNOCK OUT WARRANT.
  The regression line is pointing upwards and the moving averages points to a steady increase in price.Sure there wil be some reverses as happened Friday and Monday this week. In fact I was knocked out of half my TOPSKC and the stop-loss for the other half was just ONE CENT  above TRIGGER.
  NOT FOR A MOMENT WOULD I THOUGHT OF TAKING THE PUT.I was amazed to see how many people took the PUT .Yesterday there were if I remember correctly about 46  traders trying to exit.IT'S NOT THAT I'M NOSEY,but i do wonder how many traders made a profit on that little exercise.I feel that conditions are not right  for shorting now.
 As far as the Stochastics go ACL,AGL,AMS,EXX,KIO range in the 80% plus area where they with a few variations they stay,while the prices push ever upwards.So in that case I would say hold and wait for a couple of other indicators to show the prices are coming off generally. BIL and IMP are laggards and might turn up as they are hovering on the half way mark now.Looking as if into a recovery are all the banking shares as they look as if they will continue off their lows. The same goes for SAB.The only two that might start a run of their own are SAP and MTN.As always ,only my opinion.Never trade with out doing your own research.

Stochastic update for April part1

 Well the market played out more or less as we hoped.Do remember to do your own research and to keep short stop-losses upon your warrants as the market is very indecisive at the moment.
 We have obviously not heard the last word of the iron-ore/coal saga .
But of those involved EXX is bumping along a near the top,but does not look if it is going to decline any time soon.
 On the other hand ACL looks as if it will make a good short.
KIO on the other hand might make a good long ,but not just yet.KIO and ACL almost always in the past traded in tandem. I might take a call position in KIO ,but  will wait and see for fresh news.
 All overbought at the moment are ACL,AGL,BIL,SAB, IMP and SOL.they might head higher,but that should lead to a sharper sell-off then.
 AMS and FSR are stuck halfway and if they move up should be a positive signal .Might be a good idea to wait for the overbought to move down ,as the way things look at the moment they won't go right to the bottom and then reverse up from mid-way ,then a strong bullish signal.
 OVERSOLD are MTN,SAP,SBK,OML.
  I PARTICULARY LIKE SBK  at the moment,the others might bump along the bottom for some time,so watch the news before deciding to enter.
As always only my opinion,things change rapidly in derivitives and one can not be certain of anything.
At the moment I'm holding the index calls ,but with very short stop-losses. Small CapResource Shares are reveiwed on page 2
Thenew ipad tablets have been released

Stochastic update fo March part 2

The JSE has reached a crossroad  at  the  moment.I sold out of all my warrants excluding the index warrants as the time decay makes almost static markets unprofitable. If one now looks at the three month graphs you will see that the market has recovered to the former high point within this period.Now some stimulus will be needed or the market is likely to fall into a  retreating stage.
Also the future close out due in this month might have an effect.The market might turn down after the close out. To explain again...

The down side of ordinary warrants is that they carry time decay,so when a market is undecided even if the price is steady you are losing as they are best only in volatile conditions,single shares are subject to everything from rumours ,bad results,inside information or worse mis-information that on occasion that  one makes some progress one minute ,one loses it the next.


On the TOPI  the stochastic shows the CALL WARRANT TOPISKC right at the top AND THE TWO PUTS at the BOTTOM Index knock out warrants have no time decay.I feel in my opinion that the CALL might keep bumping the top for a time before a reversal takes place,so there is like to be more upside,but this is fragile
It would seem if CASH would be better option till THIS SITUATION RESOLVES ITSELF .I feel that the market will probably reverse and then that will set the stage for a futher stronger run.As always only my opinion.
Update 21/3/2010.
When to buy or sell is an in-exaxct  process,but I told Barry that prices where going to fall probablyby Friday and that we must trade according according to that likely fact.We both sold out half our CALLS and then bought an equal amount of PUTS to match the remainding CALLS.He reported this fact to on the Standard Post on Friday morning.THIS ONLY WORKS ON THE INDEX WARRANTS.
What I use to decide on these "feelings" are as follows. We call it PIVOT POINTS as follows;
1 False moves on the DOW. For almost all the days  every morning the futures index started as a negative ,but then ended each day a positive gain on extremely thin volumes. PIVOT POINT ONE
2 Close outs can be volatile.Since most of the share moves were up in the days before the  close out the opposite reaction was then likely to occur.This make matters worse this was the quadruple witching which generally has a bad effect upon the market.I is always worst in March.PIVOT POINT TWO
3 On Thursday the Stochastic indicator touched the top line,other attempts never quite got there which showed the rise was too fast.Look at all past times the top or bottom line is touched PIVOT POINT THREE
4 The wild card.Greece informed other European governments it would not make it alone  privately on Monday.The news leaked out on Tuesday,but had no immediate effect upon the market,but after some study Savvy traders realised this could have a knock on effect in a market where no real signs of recovery have taken place PIVOT POINT FOUR.
 Three pivot points are enough in our books. REMEMBER THIS IS ONLY CONJECTURE BY US AND REALLY ONLY OUR OPINIONS.REMEMBER TO ALWAYS DO YOUR OWN RESEARCH . You can comment below or send me a privete note on Twitter    Naomi

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Stochastic Indicator for Marchl part 1

First the update on the last fidfteendays results.

KIO is at the top and performed very well on good results and special circumstances.
EXX is at the top with the improving prices.

VOD is 20% from the bottom and falling.
NED is still bumping along the bottom,it seems as if financials areout of fashion
OML  is at the top

AGL is at the bottom and a non performer as is
BIL at the moment.

To be able to form a better opinion and to have the latest back ground 
on the underlying shares go to    http://www.sashares2010.blogspot.com

Now for the next 15 days:-

 KIO and EXX seem fully priced as the Stochastic indicator is at the top. It might be worth while shorting them and the same goes for ACL as there are special circumstances which seems will lead to a decline in its share price. 5/Mar NOTE THERE WAS A MASSIVE DECLINE DUE TO A SPAT WITH KIO AND NOW THE SHARE IS OVERSOLD IN MY OPINION  COAND SHOULD ME BACK SOME    OML is also at its top of the stochastic chart but perhaps better not to trade anything to do with financials now. Do remember to do your own research and keep stop losses and alerts upon the shares. Also remember when shorting its better to check in on the  underlying shares every couple of hours to see if everything is going as planned.

ALL THIS IS CONJECTURE ON MY PART AND SHOULD NOT BE TAKEN AS ADVICE.

Shares that might be worth putting calls on are AGL and BIL although the Stoch has not reached the bottom yet,check out every night yo see if the lows for each day are higher than the previous day.

   AMS and IMP are bumping along the bottom for the next rise,but might not be ready for another week.AMS has never in the past spent a long period below the 10% line and springs right back,but for the first time in its life it has had to have a dilutive  rights offer 
   VOD might surprise with a run up soon

The TOPI indicator has fallen only halfway at this stage,therefore if the market recovers from this point it will turn out to be a slow recovery,but then again it did not reach the top before it turned down. I see that a reverse head and shoulder has formed on the TOPI

Stochastic indicator for Febuary 2010

First off the underlying shares for the second half of January did not perform up to expectations as there was a general sell-off of about five percent of the index. So the performance of MTN,SAB and SAP was basically flat.

Now for Febuary ,being such a short month and the stochastic indicators being so near the bottom ,there in my opinion only, many opportunities  as the regression lines of the major shares are pointing up. On many shares the OBV are still below the share trend lines which show a lack of confidence in the market generally.WATCH OUT FOR OTHER CHART INDICATORS AS WELL

Shares that seem to be in good starting positions are:-

KUMBA(KIO)

EXXARO(EXX)

VODACOM(VDO)

NEDBANK(NED)

OLDMUTUAL(OML)

ANGLO(AGL)

BILLITON(BIL)

Mini update halfway 15 of Feb

ONLY MY OPINION

KIO almost reaches the 80% mark,time to start thinking of tighter stop losses .The RSI and OBV still seems good.

EXX only half way up ,obviously more to come as the OBV and RSI shows

VOD flat avoid for now

NED unconvincing struggeling up

OML better performance than NED watch out when it reaches above 80% up as things are not inplace for a really strong financial rally

AGL finally picking up speed ,the RSI shows better signs ,but i prefer

BIL at this stage good RSI  though nearing the 80/5 up on the stochastic so tighten those Stop-losses

When above the 80% mark rather sell some but at this stage does not look like one should go short.

17 Feb  today one day before declaration date of Impala(IMP) In my opinion only the Stoch looks as if it might  run ,It might be time to include it in the list above.

I am not sure about Angloplat as its update report was appalling and it does not cut a convincing signal.Its very erratic and the platinum price,Rand/Dollar pulls it in different directions almost every day.It is in my opinion  better suited to other kinds of derivitives.

IMPALA(IMP) might come into the picture in a couple of weeks ,but i feel just not now.

Remember to take world and local events into consideration and

do your own research an ALWAYS  keep updated stop-losses and alerts on warrants as they are easily effected by rumour and can instantly turn negative.
Mini update 12 Feb 2010

I use  CNN  extensively to decide which on the internet to help me decide which way vthe market is going to go. Good to keep up with the news and i find reading it is better than watching it as then if there is somthing i must concentrate upon I can give extra attention to it.
Also go to their money website for the American pre-market trends as our own market is extensively influenced by it.

Stoch Update for second part Jan 2010

I TAKE NO RESPOSIBILITY FOR ANY ERRORS OF ANY KIND
REMEMBER THIS IS ONLY FOR SHORT TERM MOVES (+- 15 DAYS) AND LONG TERM DECISIONS SHOULD NOT BE MADE UPON  THE VEIWS EXPRESSED HERE IN.

First a look how the first part shares performed.

ACL peformed very well ,Recession line up, OBV strong  STOCH at TOP.

AGL preformed fairly well, Regresion line firmly up,OBV weak STOCH at the TOP (Might Retract Slighly)

BIL  preformed well         ,Regression line up    ,OBV neutral   STOCH at the Top.

OML  Neutral                 Regression  line slightly up OBV neutral      STOCH on 80% so it could still go up.

SOL  performed fairly well Regression Line  DOWN       OBV neutral     STOCH  at Top

FNB     performed very well Regression line up OBV neutral STOCH  at top

That ends the reporting onthe above shares.

Now for MY  NEW STOCH FILTER. Do not jump in right away but watch out for other indicators on  the chart for the best entry time

SAB   STOCH  BELOW 20%  and gaining  but note the OBV is weak

MTN   STOCH RIGHT BOTTOM  but gaini

Sappi (a share that has dropped out of the top 40 at the moment)
 STOCH halfway UP
14/JAN/2010 UPDATE SAB showing some signs of rising, as the bollinger band starts to restrict
MTN Signals starting to recover
Also worth watching is Naspers notes
In all cases do your own research then decide if and when to enter.Read the previous blogs for stratergy tips
I am watching the banks carefully .At the moment there are not enough sings of a change in direction and will add as soon as they show positive indications of an up trend.

The above information might help in trading derivitives.I trade warrants .I use the Standard Bank Charts which I find adequate.they are available to any one that has a trading account with the their Equities trading department.
Remember to do your own research as well before jumping in as derivitives are very volatile instruments and always keep a stop-loss and have Alerts sent to you.
DO NOT RELY ON CHARTS BLINDLY,FIND OUT WHY A SHARE IS FALLING OR RISING. Some times  the SToch is at the top but the share is re-rating which means it will stay there for some time before falling back. I dont believe in this bull phase of the market PUT can yeild a profit, with always exceptions of course .TKG has been falling like a stone,perhaps worth investigating, but I know nothing about it.

Update no 3

Watch out next  week for the Stoch indicator.

   Remember derivitives are volatile and it is that very volatility which makes them so tradable.I only trade derivitives in the top 40 index as most is known about them and less nasty surpiises can be sprung upon one.

Remember to keep stop-losses and alerts in place at all times.As a profit is only made upon exiting ,one must have an exit stratergy in place ,then stick to it! Look the previous updates for my stratergy