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ALSI all time high

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sponono
Super Contributor
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8 REPLIES 8
Fredsed
Super Contributor
Sangoma sings Lets Twist Again
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DEP
Super Contributor
Oh... tomorrow will be a good time to "twist" Alsi shorts!
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Rams
Super Contributor
Are you short overnight
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DEP
Super Contributor
No... Been in and out of my positions. Shorting today.
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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.
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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.
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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.
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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.
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