January Update no1

Well the new year is here and it has started on a positive note with the market continuing it its upward move started last month.AGL seems to be on steroids at the moment.Definitely the momentum share of the month,helped by them selling some devisions and retiring some of their debt,plus them being a laggard for the greatest part of last year,the largest  lagging resource share during last year.
All opinions are only my veiw and I take no responsibility for mistakes.
NOW FOR THE STOCHASTIC VEIW.
ASA,AGL,BIL,EXX,KIO,IMP,MTN,NED and SOL are all overbought.At this stage it is difficult to see any profit being made on PUTS as the down turns are very mild
 Kindle Wireless Reading Device, Wi-Fi, Graphite, 6" Display with New E Ink Pearl Technology

SBK,ACL and AMS are showing a negative REGRESSION line SO CAN BE CONSIDERED UNSUITABLE FOR INSTALMENTS.How ever ACL and AMS other indicators are showing a break from this line which is likely to lead them into positive territory.The STOCH SHOWS ACL,BIL OML ,SAB and AMS since August as OVERSOLD PERHAPS PRESENTING A BUYING OPPORTUNITY 
Remember to keep your stop-losses in place.
As far as the index warrants go since 25 May TOPSKF HAS GAINED 244% and since 11 Oct TOPSKG HAS GAINED 107% and AGL THIS MONTH has gained 41% I hope all warrant traders are happy!