Update no2

Approaching Overbought status are; AGL,IMP,KIO,SOL
AT THE BOTTOM OF THE STOCH and showing good signs of recovering are SAB,AMS,EXX,ACL,BIL
THE INDEX WARRANT   TOPSKK IS SHOWING GOOD SIGNS OF RECOVERY

NOVEMBER no1

The market is very volatile as no one is sure which way things are going to pan out in Europe.How ever we can not put all the blame on these events as the TOPI warrants show the way with gains of about 100% this month.It would seem as if the market is just pausing  for breath,before further advances
All the main trading vanilla warrants are overbought and show signs of going further down. Around 80% up are;
ACL,AMS,AGL,BIL,IMP,KIO,SAB,SOL,EXX

The US DOLLAR HAS GAINED 18% AGAINST THE RAND SINCE 4 AUG 2011
 The index warrant is also overbought and has shown 100%gain in one month namely; TOPSKK