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good buy for ssf's?

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Werner_1
Super Contributor
I think this should be a good buy for a medium-dated ssf contract, buying the SEPT-07 contract and holding it until close-out? what is your opinions, as the economy grows/extends this share will most certainly grow with it. Look how the JSE-AllShare and GND track each over. It is nice and stable, and not too volatile, so very nice to buy and hold for some months...
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Hi Werner:She's like a Rock.Hit her P&F BUY signal on 22June2006 and never looked back.First reversal on 5Mar2006 and now back to resistance.Just in terms of Demand and Supply signals, there is a nice short between R15.50 and first Demand Support at R12.50....As at: On a BUY signal and a little fight between Bulls and Bears.....R15.50 is the Low to watch.R18 = NEW BUY signal(and noting that the price has jumped 50%+ since June2006.)### On the last leg-up GND found support at the 61.8% FIBO.If it did the same this time, the Support is at R13.00...excellent SSF-long area.
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Typo : 5Mar2007
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