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Online Share Trading

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ASA AND SBK WILL RISE

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hs
Regular Contributor
ASA AND SBK WILL RISE
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6 REPLIES 6
Not applicable
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Wizard
Super Contributor
I hope u put all your money into a LONG! Come on make my day!
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Preston
Super Contributor
Wizard..My money is in equities and not in geared product.
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Wizard
Super Contributor
Buying shares is seen as one way bet> going LONG. Good luck! How is ABSA and the like going to prevail under those uncertain conditions only u know and I'm yet to hear some logical explanation.
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Preston
Super Contributor
SO what is your logical answer of going "short".
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Wizard
Super Contributor
The fact that ASA is down 40% already it doesn't mean that it can't go any lower. That is for a start. When the world's financial sector is selling off that should ring a bell, not to be involved in the LONG story! All analysts call the banks down this year. The good results that u saw recently are history! It's time to get out and buy ASA at R40 next year! Good luck if u think that this is just a short term correction!
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