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Online Share Trading

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ASA AND FSR

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hs
Regular Contributor
Where do you think asa and fsr will close this week
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12 REPLIES 12
asylum
Super Contributor
asa R55 & SBK R 42
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Wizard
Super Contributor
Beyond the scope of your imagination! This is the C wave on the down move. The A wave move was 40 bucks. Therefore 120-40.equals 80.
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Not applicable
I'm on the wrong side of these ones. Need to cut my looses but something is just not right about the way the are going down. I'lll double up and hope, technicals are against me....but then again the market is irrational.
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john_1
Super Contributor
LOL! Not just the market.
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asylum
Super Contributor
Drigo you may be right bank shares are cheap but unfortunately negative overseas banking sentiment and herd mentalaty has taken over, this may be a good time to get in or double up.omo
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Not applicable
asylam,where you getting your figures from? highly confused u r.....
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asylum
Super Contributor
no not confused at all, he asked for an opinion.
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SKALA
Super Contributor
Well said , boet! I am frustrated; my laptop I use for spread trades in for repairs, so unable to ride this wave. Not willing to trade warrants any more and do not want to go into SSF on banks now; Friday would have been the right time, I think.
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Wizard
Super Contributor
Enough of Bear stories...Lets see what Lehman Brothers have to say tomorrow! Down 25% in Europe!
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venice
Super Contributor
Drigo remember capital preservation is the core of good trading. Doubling up is always a bad strategy but if you must, wait for a bottom before you jump in or you might have to double up again.
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TheoPrinsloo
Contributor
the problem is to be able to see the bottom
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Not applicable
The challenge is getting in on shares that still have further dropping potential. I'm so sorry my short stopped out yesterday on DSY. Still in on Didata and hoping for the R6.xx's again.
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