Another trading update another drop

[sponono]

There goes the neighbourhood.

[partridge]

patchy

[sponono]

Seems to me the theme is the same: stocks exposed to the consumer have discounted too much earnings and now they are rerating. The question is what are you, as a trader, going to do about it?

[Rams]

trade the price?...trade your system. follow your system.

[#5]

as a trader, Im sitting on the sidelines.

As an investor Im holding on and contemplating buying more on some of these shares. Im still going to sell WHL for R 100, its just not today.

[prancing_horse]

...2015? maybe!

[Wino]

Strange how panicky this market quickly becomes. Both AVI and SHP updates, although lower ain't all that bad 6-9% for 1st half with possible improvement in 2nd half. Maybe, mopping up some blood in near future will be beneficial.

[#8]

2015 would already be great, considering I bought WHL for R 40 in 2012, that means that selling it at R 100 in 2015 = CAGR of 26% per annum.
As an investment Im quite happy with that...Think I'll just keep holding.

[#9]

sorry responded from the wrong account. Its BC01.

The 26% also excludes divs.

[sponono]

My weekly chart does not look very nice, tells me we might see R32: any other views?