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Online Share Trading

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top40 vs ftse and dow

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ian_kotze
Regular Contributor
Good morning people, how is everyone doing. Havent been chating in some months. I have been traveling through asia since january and having a great time. Currently im in Krabi thailand and doing night shifts to whatch the football and do some dow jones trading. Anyhow the south african markets - top 40 hase been holding up very nicely compared to the ftse and dow the last couple of days in this down swing. Any ideas why or is it the football feaver over there.
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8 REPLIES 8
ian_kotze
Regular Contributor
jees this forum really is dead, not even a hello or who the hell are you again or yes i have a football craze and therefore i keep the shares up or anything?
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Not applicable
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suki
Super Contributor
what are u upto up there when everyone is down here. we are watching soccer, please don't disturb.
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john_1
Super Contributor
Hozit mate.. sounds like you having quite a holiday... the large caps are starting to serriously underperform on a relative basis but industrials are doing very well ...so dont expect the outperformance of the JSE to continue...
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ian_kotze
Regular Contributor
ok dow and europe taking big knocks now
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ian_kotze
Regular Contributor
ok i take it consumer confidence is not gonna safe us from the down side
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Not applicable
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ian_kotze
Regular Contributor
so, an ugly day all in all but consider that we are still way off our yearly lows while other markets are at this moment trying to put in new ones. I think it is because of the soccer. That rally started with the soccer world cup, now it is known that if you are in a good mood you buy more easily and sell less easily with market moves. So my theory is that we chased the marked up more than others did and when the sell of came we sold off less all because there has been a hype and good cheer all round south africa. Should the dow and others brake their year to date lows we may have to catch up fast.
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