Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

ALSI all time high

Reply
8 REPLIES 8
Fredsed
Super Contributor
Sangoma sings Lets Twist Again
0 Kudos
DEP
Super Contributor
Oh... tomorrow will be a good time to "twist" Alsi shorts!
0 Kudos
Rams
Super Contributor
Are you short overnight
0 Kudos
DEP
Super Contributor
No... Been in and out of my positions. Shorting today.
0 Kudos
richardw
Super Contributor
I'm short but I was really hoping to add to it at a better price. This is not the bounce you're looking for.
0 Kudos
richardw
Super Contributor
One thing - CalculatedRisk is pretty sure August 1 meeting will bring QE3. That could well give a good bounce, even the expectation thereof.
0 Kudos
doomsdayza
Super Contributor
the market has gone from 28900 (ALSI futures) on June 4 to 30800 high yesterday. the market has definitely bounced in expectation of QE.
0 Kudos
doomsdayza
Super Contributor
yes the market is making all time highs. but the value of the market at the previous all time high in terms of real rand value is probably way higher when inflation gets taken into account. all relative.
0 Kudos