The Stoch on all the major trading shares is below or on 20%(over sold) and looking to rise as soon as the Rand stabilisers or strengthens again.This is not to be confused with a weaker Rand against the Dollar which of course helps the exporters gain more in Rand terms which is a longer term exercise.
These shares that we cover are; ACL,AGL,AMS,BIL,EXX,IMP,SOL and KIO
SAB is the odd SHARE OUT AS ITS IS ALREADY CLIMBING and is near 80% but not heavily over bought yet.
The index warrants have shown choppy trade and we seem to be following America for the time being.We are constantly being told that the bias is up,but it must be noted every fall is sharp and larger than every upside movement.ONLY MY OPINION BUT PUTS SEEM TO BE PRODUCING THE BEST RESULTS ON SHORTER TIME SCALES
These shares that we cover are; ACL,AGL,AMS,BIL,EXX,IMP,SOL and KIO
SAB is the odd SHARE OUT AS ITS IS ALREADY CLIMBING and is near 80% but not heavily over bought yet.
The index warrants have shown choppy trade and we seem to be following America for the time being.We are constantly being told that the bias is up,but it must be noted every fall is sharp and larger than every upside movement.ONLY MY OPINION BUT PUTS SEEM TO BE PRODUCING THE BEST RESULTS ON SHORTER TIME SCALES
