mmm

[YNWA]

Something to ponder B.....World No:1 Manufacturer Toyota (Japan)announced price increases on models already in production & in the markets due to raw material cost increases.... something it has never done in its history before.....always adjusted prices at launch of new models....and Japan Motor Industry Inc. is mumbling about substitution for platinum based catalytic converters....less car sales=less demand for plat....ho hum...FWIW

[Brazen]

Good point Y. Just generally, seems as if the rates pause euphoria has gone, and that there's a distinctly bearish tone in the air now. Current mantra in everything thing I read now is recovery end 2009. A long way off in market terms. And property here = *****ed.

[YNWA]

2009 is eons away....we gonna die of boredom / drink or both thats for sure! Some nice property pickings are starting to emerge from the woodwork....I think let em sweat a while longer....in the meantime go walking with the bears in your cutoff denim "shorts" this summer....sheeza a comin'...well not right at this moment, frikken chilly!

[BRE]

Ouch!

[232926]

when is LDT for dividend?

[BRE]

9/12/2008

[Brazen]

Looks like next stop for IMP is 178. And wonder if SOL is gonna hold at 385. Anyone have the balls to go long then, I wonder.

[john_1]

Brazen the game has changed..... you don't buy so suport ...Rather sell on a break of suport. look at your Imp trade with this bearish stratergy you would be drinking Meerlust already.

[Brazen]

Could be right john-boy (were right on IMP). But I'm still making money going long on support - two good trades on ASA in Abu Dhabi, and went long on SOL on support. Works cos if I'm wrong loss is small, and if a bounce happens, which it does often, I scalp. I know it's s*****py trading, but as C says, times are tough at the moment.

[john_1]

Absolutly, all I am saying is don't walk away if it breaks, just go with it.

[Brazen]

You're absolutly right. I still have a bias towards the long side - comes from trading in a bull market for 5 years. Gotta shift mindset and takes it whichever way it comes. (Down Chartist).

[barry_1]

Hello Brazen,if you would like to take the slightly longer veiw i.e. till year end consider ARLSTB.Since i bought it in August it has gone up 29%.Maize prices are much lower than they thought.Also look at the underlying share and u will see on most days there are more Bids than Offers.....Also Mr Price is the leader in retailers ,which after Proprerty,Construction and Banks have benefitted most from no increase in the repo rate.

[Brazen]

Thanks much Barry - am looking for some longer term punts - I have no inatallments at the moment, only trading SSFs and usually holding for a few weeks at the very most. Well done on ARL, should have followed you a few months ago when you first mentioned it. Ya, the lower end retailers will not only benefit from interest rate cuts, but also cos more people start buying there to save money. Mr Price is a good one - they actually have a branch in Abu Dhabi which looked pretty busy.

[Brazen]

Some more on the fundamental longer term side - saw an interview with Mark Moebius a couple of days ago. Bullish on SA companies who are expanding into Africa liked MTN, SBK, Shoprite and BAW. BAW is pretty much on the floor, bounced off long term support of 59 a short while ago. Could be one to add to the watch list.

[DST]

How's Mark? Strip off the old block, isn't he?

[Brazen]

Bwhahahaha! You're too clever for Maggie. john will have to offer you up elsewhere.

[Yakah]

Hey This really looked good today @ 19200 (which I bought @). Very healthy dividend next week and above market average PE as well. Michael

[BRE]

You might be right Yakah. IMP way off it's low and if it ends close to the intraday high we may be looking at a key reversal, in which case next coupe of days may be up.

[BRE]

Ooh, lovely, definitely expecting greet tomorrow, but as the trend is down, I'll wait for an entry point to go short again in a couple of days ...

[Brazen]

And poor old SOL is toast. You were right john, the money was on the short side.