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Online Share Trading

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Chaotic markets...

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Super Contributor
This market is truly "taking no prisoners." I fear this mentality has yet to play out fully in the ZAR(?) It may be time to try and pick a bottom in some of these shares/indices rather than waiting for the Rand to capitulate. Or just buy the USD. Not a long term solution... but at least one can hunker in relative shelter for a while.
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Contributor
If you think the Rand will continue to fall why not buy some DBXJP or DBXUK?
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Super Contributor
What is this market you speak of? Its 5 dudes.
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Contributor
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Super Contributor
Have plenty of NEWUSD- for the meantime. From an inflationary and dividend income point of view - one needs shares though. Longer term - there must be some interesting opportunities developing. More on overseas markets though.
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Super Contributor
Oh yes - and I'm greedy!
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Super Contributor
Oddly enough (or not, given the current state of affairs,) exactly this issue of covering Rand risk while hedging against a reversal is covered in Standard Bank's >Reasearch>Analyst's Reports- it expands on the conundrum but really does not (cannot) offer a solution. It even considers my option of catching a variety of falling knives (ie. picking bottoms) across a diversity of asset classes: report:https://securities.standardbank.co.za/ost/sp/FrontOfficeSecure/ContentManagement/TransferFile.aspx?r... Futures Daily\Trading in tough markets.pdf&method=Open
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Super Contributor
If we enter a protracted bear market - these are not a solution.
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Super Contributor
we had 2 of the three waves(not Elliot), we now in the third wave. First was the US , then the Euro zone, now the third is the Emerging markets...
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Super Contributor
@Ram, the fourth wave will take me to Chatsworths where I can enjoy a hot mutton curry bunny with salad and all. Btw , how was the trip/holiday?
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