Moving sideways

[Pots]

Anyone care to comment on how much longer SBK will move sideways. Will it break up or down?

[#2]

My guess is SBK will move sideways and good chance of down for the rest of this week thereafter things will pick up again... OMO

[#3]

I think SBK strong rand could be holding SBK back a bit, and I also think that all the banks are trading at relatively high PE's. In todays turbulent times, these prices are quite cheeky. I am holding SBK, but I am thinking of exiting my position soon if it doesn't move now. The scenario I am holding out for, is a USD strengthening combined with a wall street rally. I think that should see funds start rotating again out of resources into other sectors