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AGL - With the DOW lookingto open strong today and

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Trying
Contributor
the finish on Friday , could we see a quick run to R250 again ? Any thoughts ?
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14 REPLIES 14
Not applicable
NOT THAT much... around R220 @ THE MOST.
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they are cutting spending during 2009 by $10BN
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Trying
Contributor
Agreed - Strong open today . A nice run to R220/R225 could be nice .
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Mr_S
Super Contributor
hahaha im loving this!! my first taste of warrants and im already making a profit, tryin not to get too excited though, are we going to see more upside tomorrow?
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Not applicable
Don't be too optimistic. Consider taking profits. The news isn't convincing (still a lot of bad news about), and the VIX isn't high enough that one would expect a big bear-market rally.
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Trying
Contributor
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may i know how did you come to that conclusion
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no late afternoon, so are you going to answer would like to see if i agree or disagree with your analysis
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The message was meant for Trying. I tried to get out of AGL at closing but failed. Got a 16% ride on this one last mon th and bought again at 182. Simply gone up too quickly. Don't believe bottom found yet and not enough about for a sustained rally
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Shard
Super Contributor
I wish I'd seen the reversal coming, could have made a bit on the swing. I would have gone short at close tbh.
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Trying
Contributor
I have been trading AGL up and down for the last month . There is definitely not enough in it for a sustained rally to R300 , but there is support at R180 . I have also see commofities rising in Asia and the run today could be to R225 with a potential drop later today .
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