Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Bumpy ride

Reply
kwagga
Super Contributor
I think we're in for a very bumpy ride in the next few months. When top40 shares start trading below their 200 day MA, that tells me that we've moved into a trend change. I'm willing to bet that we're going to consolidate over the next few month with a lot of volatility involved. Not a nice time for a long term investors, but great for short term opportunities.
0 Kudos
5 REPLIES 5
Preston
Super Contributor
@kwagga, the uglier the chart, the greater the reward...GFI
0 Kudos
FEK
Super Contributor
Funny, very funny, GFI will move up swiftly from here
0 Kudos
kwagga
Super Contributor
True, but don't ignore the risk that comes with that.
0 Kudos
partridge
Super Contributor
The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage(?)
0 Kudos