Where to now?

[asylum]

Banks and financials are getting hammered, resource share look expensive, retail is a no no with another interest hike looming, so whats left to buy??

[#2]

What is that stuff that Brazen used to talk about buying when she made a profit?

[J_d_B]

SAB?

[Electrox]

Asylum are you still holding ASA? I honestly think that rand hedge stock are the way to go now, RCH REM or SAB. Maybe buying the dollar is the best thing to do right now.OMO

[barry_1]

Rand hedge and COAL SHARES still have go to them.The great thing bout coal is that once its burnt its finished unlike metals etc that result in s***** that can be re-used.

[Wizard]

looks like the shorts are coming to power again. Gold selling off! The DOW reached the 200 ema! Bad earnings all around. But who cares the banks didn't want to move un inch, since there were local stories to sort out

[SIMBA]

Where to now....i am off to Langebaan for a weeks fishing ........

[Preston]

I am at No 25 ...pull yards ahead..SIMBA

[asylum]

Hi electrox yea still in asa and bleeding but will hold for the long term, looking at getting something more short term . Barry what about KIO?

[scandal]

me thinks retailers will be a good short next week. Interest rate hike and looming strike threat over working conditions. long i am thinking tech stocks in SA reasoning is that during tough economic time companies turn to efficiency. Technology to add to that the current skill shortage leaves them little choice but to look to technology. OMHO

[barry_1]

result in s-c-r-a-p that is then recycled.Really this censorship thing is getting to me!!!!!!!

[Russ]

Please keep it clean,Barry.

[barry_1]

Iron ore seems to have run to its fullest and perhaps if the US dollar starts recovering then prices might drop,see my comments under ANGold.How ever i have EXX installments which i intend to keep despite the knock today as they get 50% of their income from COAL,an interesting mix of base metals,industrial and mineral sands brings the rest of their income.

[#14]

Luxury goods - Richement a good bet OMO

[barry_1]

yes Rus,i'll really try!...whilst on the subject when i was commenting on the SAH coal share i mentioned that the Royal B-a-f-o-k-e-n-g were a major shareholder and that they only held the best companies.I really do hope that they are not customers of the Standard Bank as i feel they are treated in an insulting way in the chat forum!

[barry_1]

yes,see also my RCH comment.

[#17]

long term..don't know....extreme short term,banks. that consistant hammering has to temporarily ease at some point...get in,get out quick..omo