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.
