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.