1546
If HAR closes at or below 3600 then expect a few red days.
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1548
Shares / Re: Stock trading and investment buying strategies.
« on: February 24, 2014, 08:54:00 pm »
Got the codes. Both have a high PE Ratio and are trading below the 200ma. The trend has been down for months and no reversal signal yet. If you want to go with the momentum, then these will help you go further down.
No trend lines can be drawn as they are both too low under the SELL 200ma. Only the Fib lines could work with them.
No trend lines can be drawn as they are both too low under the SELL 200ma. Only the Fib lines could work with them.
1551
Shares / Re: Stock trading and investment buying strategies.
« on: February 24, 2014, 08:32:14 pm »
Canada? You going to freeze your dick off there. There is lots of ice and stuff in winter. You will be counting trees through your windows most of your life there. My two aunties came back from Canada to thaw out here.
What is the code for Massmart and JD?
What is the code for Massmart and JD?
1552
Shares / Re: Stock trading and investment buying strategies.
« on: February 24, 2014, 07:04:07 pm »
Just trying to make this site more busy. Anyone care to explain why SAB's gap was support and reversed the short term down trend? Snakepit obviously knows. His "Dark clouds, Engulfing candles, Sharks etc" are strictly short term trading for 2 to 4 days max and I don't bother with those as I look at the long term signals only. Good to know them if you are trading though.
1553
Shares / Re: Stock trading and investment buying strategies.
« on: February 24, 2014, 06:32:40 pm »
Neil's become very quiet. Perhaps he is studying charts? 
1554
Shares / Re: Buying shares from a friend?
« on: February 22, 2014, 09:04:41 pm »I don't think CGT comes into play WRT this specific situation the OP finds himself in
A loss is a loss albeit CGT or Trading and is deductible.
1555
Shares / Re: Buying shares from a friend?
« on: February 22, 2014, 08:09:53 pm »A similar case would be when I want to transfer my shares to my kids.
Your broker can do that but tax complications come to play. All gains made by those shares will be for your account until your demise.
My case:
I donated R270k to my wife and she bought shares with it. The capital is hers and allowed tax free by SARS but any gains made are for my account.
I think the OP's seller wants that Capital loss for his benefit.
1556
Shares / Re: Stock trading and investment buying strategies.
« on: February 22, 2014, 07:05:16 pm »
As I said before. I agree with Neil about fundamentals. I don't trade and therefor don't look at trading signals but rather look at technicals for entry points for the long term.
Had I wanted to buy SAB, I would have noticed the gap and not bought knowing that it would eventually drop back down to close it even if her fundamentals were great.
Now you might wonder why I am not winning the competition using charts. I will never win as I use fundamentals rather than gambling. Waiting for signals takes too long but I would never do badly.
Had I wanted to buy SAB, I would have noticed the gap and not bought knowing that it would eventually drop back down to close it even if her fundamentals were great.
Now you might wonder why I am not winning the competition using charts. I will never win as I use fundamentals rather than gambling. Waiting for signals takes too long but I would never do badly.
1559
Shares / Re: Stock trading and investment buying strategies.
« on: February 21, 2014, 07:44:21 pm »
Here is a perfect example for Neil to look at.
A long term gap that had to close. Had you invested in SAB after the gap and don't look at charts then you would not have known that she would eventually be traded down to close it. A text book case.
A long term gap that had to close. Had you invested in SAB after the gap and don't look at charts then you would not have known that she would eventually be traded down to close it. A text book case.