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What day is the budget speach?

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Werner_1
Super Contributor
Just want to make sure i am prepared for this, can someone please tell me when this event takes place?
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6 REPLIES 6
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Werner_1
Super Contributor
thanks, i made a not in my calendar, i plan to do something with my SOL ssf's before then, but am still looking as it seems to do quite well now, i don't want to loose out, but also want to avoid a drop in price if they get taxed in the budget speach... maybe even make something by selling short on the day! what are your thoughts?
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I see that currently SSL(Sasol on NYSE) is trading up just over 1%, other than that I have no position on SOL currently, so no real views.
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cfm
Super Contributor
The stop loss system on SSFs work with bids and offers. You can easily set a stop loss at 13:50 and let SFM stop you out should the news be bad. Maybe sell some of your SSFs if you are worried and let the stop loss handle the rest.
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Werner_1
Super Contributor
That sounds like a plan, i just hope the drop will not be a sudden, huge one!
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