MandR dropping like a lead ball!!!

[Pots]

Is something bad happening at M&R. It's dropped over 6% today

[asylum]

in case you did not notice its damn bad all over not just M&R unless you hold gold.

[#3]

Also Group 5 dropped over 5% and Aveng nealy 5% during intraday. I think many trialing Stop Loss orders at 10% - 15% are triggering at the current prices and that's why this heavy downfall. Anyway I see this dropping as a market noise as far intraday is concern.

[Pots]

Ta Jamjam - Does stop loss trigger even if volumes are low (relatively speaking?)

[#5]

just an Example: I bought 200 MUR stocks at 9900 cents per share, and I set a trialing Stop Loss at 12%, The triggered price will be 8712 cents (assuming that MUR price does not go over 9900). then MUR share goes down to 8710. In this case Std Bank will automatically sell my 200 MUR stocks at a price of 8712 cents or more when there is a buy order for 200 stocks or more

[Copper]

8705 now. Should close tighter today with some form of recovery. Lets see :)

[BIG_40]

MUR has been trnding down from its high at the end of Oct. It has broken the 9000 resistance closing at 8675. Im out

[Copper]

That was a rubbish call by me.

[asylum]

no worries there copper have had my charts out all week drawing all kinds of trend lines and being smart and all, and at the end of the week im 40K + down, as they say theres nothing like the markets to keep one humble.

[Champ_golfer]

Sylum thank God ur still alive I nearly got ran over by a Bus today just before Auto-close out, signs are there to get out, even when I walk in the park the crows scream and fly off the trees, saying cruuufuurk cruufuuurk

[Trader_Boy]

and we bleed some more!!!!!!

[Project_Directo]

Transnet shelving the huge Bayhead develpment plan , reeks of hey what if JZ gets in and were holding say 50 to 60 billion and ouch.imo

[Preston]

PD any news on Bil

[Project_Directo]

Nup, feb mate when they go official on the bid for Rio. Might just top up on sum soon.

[Project_Directo]

interesting times, up 10 yesturday down 4 today, we are in for a rocky time he said fascesiously.