3 things you must always be on the look out for: 1) Rand/USD (8.08 is the level to watch for, break below this would send the TOPI even higher), the US VIX (is struggling to break through the 20 level which is good news for us the Bulls), the US 10 year yield (there is a clear buy divergence on the yield which tells me the yield is headed higher and bond prices lower). Topi is a buy at the +-31 000 points level. IMO.
Three things you must always look out for 1) Low vix...very little protection to the downside i.e. bulls in extreme danger 2)traders who try and play economist by piecing together pieces of a puzzle using what they think is their infinite wisdom 3) idiots who cannot read a chart
Mark...What is your objective here....Is it to solicit more followers and get more bucks through advertising on your site..or hopefully the objective is to get more people more more educated and interested in protecting capital and making some bucks...An honest answer would be appreciated.
Stores the latter...but you seem to suggest the two are mutually exclusive? Surely if i provide information that is rubbish or in some way intended to harm that would be very stupid....would you not agree? I may be many things but that stupid I am not.
Have my long term portfolio which I will not change for three years on each transaction, for tax reasons...Have a short term account where I am trading the ranges on 12 blue chip counters...Still educating myself before I get the guts to try the alsi futures...Very conservative hey...
And they should pay you money market rates on your balance as well as the value of any positions you have.. can add up to quite a bit...if your balance is say 200K over a year is about R 10 K per year interest which is being stolen from you if you dont get paid interest.
ok good...but its small things like service...having the telephone answered immediately...being smeds about problems when or even before they occur..being able to have your money in your account the next day for trades you did that day etc that all make the difference....