Decision for the next few months

[genie2b]

I was looking at my current portfolio and is thinking of replacing FirstRand with Woolies. The reasoning for this is, what I can see, Woolies will be pulling back to the 2150 region shortly, from there it has the possibillity to reach the 2500 region...FSR on the other hand looks like it will only go to the 2050 region... What is the views of the forum...am I looking correctly?

[djw]

agree with you although I think Woolies offers the best value of all the retailers atm. Might even go as high as R27

[genie2b]

From what I can see in the historical info...will have resistance at 2250...breaking this resistance...2500 will be the target then.... the highest they went was 2500 which was in 2007...