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
NAOMI AND BARRY= SPECIALIST WATCHLIST TO HELP YOU STRATERGISE YOUR TRADING TECHNIQUE,RESEARCH .
Saturday, October 30, 2010
Tuesday, October 19, 2010
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.
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.
Wednesday, October 13, 2010
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!
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!
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