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shorting bil.

Reply
Not applicable
Like you already know there is a strong correlation between biliton and the strong rand yesterday then the rand was weak biliton was weak. today the rand pick up and bil. took a spike in price. My specalation whould be to short biliton and wait few days because the beginning of aug. is set that the rand is going to break the R8.1 mark. what is going to happen to bil?think it is a good time to short biliton?
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8 REPLIES 8
Not applicable
I think you had better run a proper correlation and check the coefficients mate!
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Blik
Super Contributor
What does this have to do with MTX?
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Preston
Super Contributor
Good luck on shorting Bil.
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Not applicable
good call you made yesterday on BIL
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manicks
Regular Contributor
I would be careful shorting BIL, all commodity prices are increasing month after month, if it drops i dont expect it to go below 190 mark
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striker
Super Contributor
Surely you should be shorting AGL instead ???
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Frogg
Frequent Contributor
I am short AGL rise in comodity prices making me nervous
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JPDR1
Contributor
Have made good money from AGL futures, but always long...shorting AGL to risky. Same applies to BIL.
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