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Just in case u did not know, they actaully do
Potato wedges : -

  Okay again, I didn't know that.  But in my defense, it's fried, it's frozen and it's carbs - I don't do any of those.

Strange how traders think.

They are a strange breed for sure.

A category-5, super typhoon named Haiyan slammed into the Philippines on Friday; Saturday 3 deaths were reported, by today expectations grew to 10 000. Asian Dow & Sensex down between -0.32% and -0.94%, rest of Asia green ranging between +0.21% and +1.30% (Nikkei). 

US ended strong after better than expected eco news, futures red atm, gold @ 1286, WTI @ 95, SAT40 @ +177 atm.

Vodacom results out, rose to R36.69 billion (US$3.6 billion) for the six months ended 30 Sept from R34.43 billion previous year.  Earnings before interest, taxes, depreciation R13.22 billion, previous R12.06 billion.  Other side of coin, a new low for DRD.

Consensus changes for OCE & Old Mutual to 'buy', CFR to 'hold'.

No major eco reporting today.

 

The 2013 Sunday Times Top 100 Companies results:  Average Annual Compound Return (%)

(The Sunday Times Top 100 Companies acknowledges the best-performing businesses on the JSE, based on their shareholder returns over the past five years.)

      
1   CORONATION FUND MANAGERS 78.03
2   EOH HOLDING 60.31
3   WOOLWORTHS HOLDINGS   53.52
4   MIX TELEMATICS   50.85
5   FAMOUS BRANDS   50.82
6   MR PRICE GROUP   50.13
7   PINNACLE TECHNOLOGY HOLDINGS   50.00
8   BRIMSTONE INVESTMENT CORPORATION   48.58
9   CAPITEC BANK HOLDINGS   48.32
10   ASPEN PHARMACARE HOLDINGS   45.58
11   METAIR INVESTMENTS   43.33
12   NASPERS   43.13
13   SPUR CORPORATION   42.16
14   METROFILE HOLDINGS   41.71
15   HOWDEN AFRICA   41.68
16   PSG GROUP   41.63
17   OCEANA GROUP   39.49
18   COMPAGNIE FIN RICHEMONT   38.89
19   MONDI plc   38.55
20   AVI   38.11
21   PAN AFRICAN RESOURCES plc   36.58
22   ELLIES HOLDINGS   36.38
23   INVICTA   35.45
24   MEDICLINIC INTERNATIONAL   34.51
25   ITALTILE   34.25
26   IMPERIAL HOLDINGS   33.31
27   CLICKS GROUP   32.67
28   ASSORE   32.05
29   DISCOVERY   31.55
30   PIONEER FOODS GROUP   31.48
31   SHOPRITE HOLDINGS   31.24
31   TRENCOR   31.24
33   KUMBA IRON ORE   30.47
34   TRUWORTHS INTERNATIONAL   29.50
35   REMGRO   29.46
36   SABMILLER plc   29.36
37   RMB HOLDINGS   28.60
38   RESILIENT PROPERTY INCOME FUND   28.21
39   NETCARE   27.46
40   CASHBUILD   27.08
41   BRAIT   27.04
42   SANLAM   26.46
43   AFRIMAT   26.38
44   THE FOSCHINI GROUP   26.16
45   KAGISO MEDIA   26.14
46   OMNIA HOLDINGS   25.87
47   DISTELL GROUP   25.84
48   ZEDER INVESTMENTS   25.43
49   OLD MUTUAL plc   25.17
50   MMI HOLDINGS   24.93
51   FIRSTRAND   24.37
52   THE SPAR GROUP   24.28
53   CAPITAL PROPERTY FUND   24.23
54   ELB GROUP   24.00
55   CLIENTELE LIFE ASSURANCE   23.79
56   THE BIDVEST GROUP   23.78
57   VALUE GROUP   23.38
58   DATATEC   22.64
59   SANTAM   22.63
60   VUKILE PROPERTY FUND   22.55
61   SA CORPORATE REAL ESTATE   22.15
62   TIGER BRANDS LIMITED   21.60
63   NAMPAK   21.38
64   STEINHOFF INTERNATIONAL HOLDINGS   21.21
65   KAP INDUSTRIAL HOLDINGS   20.88
66   GROWTHPOINT PROPERTIES   20.83
67   HYPROP INVESTMENTS   20.76
68   FOORD COMPASS   20.72
69   MASSMART HOLDINGS   20.67
70   ACUCAP PROPERTIES   20.62
71   COUNTRY BIRD HOLDINGS   20.37
72   HOSKEN CONSOLIDATED INVESTMENTS   19.54
73   NEDBANK GROUP   19.38
74   REDEFINE PROPERTIES   19.37
75   COMBINED MOTOR HOLDINGS   18.79
76   PREMIUM PROPERTIES   18.39
77   ADCOCK INGRAM HOLDINGS   18.37
78   EMIRA PROPERTY FUND   18.03
79   EXXARO RESOURCES   17.70
80   LIBERTY HOLDINGS   17.53
81   BOWLER METCALF   17.48
82   GRAND PARADE INVESTMENTS   17.17
83   HOSPITALITY PROPERTY FUND   16.88
84   AECI   16.86
85   LEWIS GROUP   16.74
86   DELTA EMD   16.51
87   MTN GROUP   16.31
88   FOUNTAINHEAD PROPERTY TRUST   15.78
89   SYCOM PROPERTY FUND   15.66
90   CITY LODGE HOTELS   15.36
91   ADVTECH   15.19
92   ARB HOLDINGS   14.87
93   PHUMELELA GAMING AND LEISURE   14.77
94   BHP BILLITON plc   14.41
95   URANIUM ONE Inc   14.10
96   TSOGO SUN HOLDINGS   13.65
97   TONGAAT HULETT   13.47
98   HUDACO INDUSTRIES   13.33
99   OCTODEC INVESTMENTS   13.33
100   JSE   13.20

Statement issued by Alex de Kock, Ogilvy PR, Cape Town, on behalf of the Sunday Times, Times Media Group, November 6 2013

http://www.politicsweb.co.za/politicsweb/view/politicsweb/en/page71654?oid=445017&sn=Detail&pid=71616

Better than expected US Service Industry numbers yesterday raised fears again of tapering starting sooner than expected leaving Dow @ -0.14%, S&P -0.28% and Nasdaq +0.09%.

ALSI made yet another all time high 45,750 & T40 also all time high @ 40,929, mostly due to the rand (down more than 1%) driving resource stocks. 

Asian stock markets started mixed earlier this morning, morphed to mostly green.

Gold 1313, WTI Crude 94, US futures green atm.

New highs for BIL, CML, SAB, MON.

US ended green Friday night, DOW +0.45%, Nasdaq + 0.06%, S&P + 0.29%, Futures green atm.

Gold 1313, WTI Crude 95.

On holiday today Japan, Singapore & India.  Rest of Asia red with Asia Dow -0.03%, HangSeng -0.17%, Shanghai -0.12%, Thailand -0.96% due to political tension (amnesty bill) & Australia -0.37%.

European PMI today from 10:13 to 10:58.

Back home, new highs last Friday for Tsogo Sun, Bil, Mondi, Adcock, SAB, Old Mutual, Bidvest & new low Argent.

Consensus changes to 'hold' for RMB, SAB, RBP, AMS, CFR.

Quick tutorial and CFD’s don’t mix.
 
You will find that all CFD companies start off with the same warning.  'CFD’s are leveraged products and bhla, bhla, bhla…' You should listen to that, take the weekend and really ponder it and come to understand what it means.

Then, where you are going to trade eventually (PSG-online.co.za/ IG Markets.com/ (local & international access)), are good places to start with a 2-week demo account and online guidance.  But don’t fool yourself, after 2-weeks you’ll probably feel very self-assured and you’ll be gently nudged by your CFD-provider to start doing real trading.  I can promise you that at some stage during the next 2-weeks or so, you will make money and you will lose money but you will probably lose it all plus more before Christmas.

It’s tricky and only time (as in years) and making mistakes will eventually swing the odds in your favour.  So while you’re learning (again, as in years), keep it small, don’t fund your account with huge amounts of cash, (I did, made scary amounts in seconds but in the end I lost an obscene amount as well), keep you contracts manageable and take money off the table frequently.

And it is not like investing with shares, you have to be present and aware what is going on locally & internationally all the time whilst your contracts are open, yes sorry – including night time & weekends.

But in the end, it can be very rewarding and all the pain & tears eventually pays off.  And there will be tears; just make sure it is a small sniff because you were wise enough to open only a small contract. And then, never-ever forget why you’ve lost out.

See, that’s how you learn to trade CFD's, not by tutorials.

Hope I didn’t scare you; just want to make sure you’re going into this with your eyes wide open.

Good luck.

Just thought of another common and maybe the biggest mistake newbie’s make:

Remember your CFD provider is standing directly polarized of what you’re doing. So if you go long, they go short. If you go short, they go long.  Somebody’s got to lose. See the conflict of interest here? Anyway.