Stock Watch [Disclaimer: "by non-registered amateurs"]

[Thor]

Understand.

Big question is, where will South Africa be in 30 years from now?

Will the ANC still be in control? Will they have changed their mindset on transformation, land reform, financial policies, etc? or, will we be where Zimbabwe is today?

If the latter is the case, your JSE may be a very small company with a few listings available that never grow nor decline.

That my sir is the questions I am interested in.


Where will SA be 30 years from now.

 

[johnjm]

On the very short term, 2016, let's see what happens on Monday. I expect huge losses on the markets, especially in companies with offshore exposure. Most of these companies will open much lower than they closed on Friday. This include all offshore ETFs too. The main reason is the fall of the oil price. US took a huge knock last night. They closed low. We, as well as UK and European markets will feel the effects on Monday.

Problem is, with the oil price speculated to fall to R20, or even below R10, I do not see any offshore funds to grow either this year. Unless some miracle happens and oil suddenly pulls out of its decline, then yes, there is a possibility.

Another problem is the US feds wanting to increase interests 4 times this year. The markets do not like this and as a consequence investors is pulling out of stocks. This already has a negative effect on all US stocks seeing a steady decline in value. Unless they move away from this, more bad news is on the way for markets globally.

Why do investors "not like" the notion of increasing rates in the US? You realize that rates increasing is a good thing in this case as they were lowered to try create growth after the financial crisis?

You really don't know what you are talking about dude.

 

[johnjm]

Jesus.

 

[AirWolf]

I've found on this forum that the general rule of thumb is: length of post is inversely proportional to intellectual ability.

 

[Bundu]

could somebody perhaps point out what is wrong with what Foos wrote?

 

[Papsak]

I've found on this forum that the general rule of thumb is: length of post is inversely proportional to intellectual ability.

.

 

[theratman]

could somebody perhaps point out what is wrong with what Foos wrote?

Nothing wrong with it but you also need to factor in China's slowdown and it's effect,the current oil situation etc.Its several factors that are driving things down.Its a schit storm atm.People would rather have cash so they're selling,which is great for buyers (if the said storm abates)

 

[Hamster]

I've found on this forum that the general rule of thumb is: length of post is inversely proportional to intellectual ability.

/clicks Like button

 

[Bundu]

Nothing wrong with it but you also need to factor in China's slowdown and it's effect,the current oil situation etc.Its several factors that are driving things down.Its a schit storm atm.People would rather have cash so they're selling,which is great for buyers (if the said storm abates)

I agree! China and oil plays a very big role in the present siht storm

Previous pull-backs I've always been fully invested (limited cash available) - this time I have quite a bit of cash, so now to decide when to start staggering my buys..... and of course what to buy......

 

[Papsak]

I think Foos makes some very valid points. But everyone should remember, until an event in the future actually happens, it's all just speculation - lot's of people seem to confuse their feelings with facts. That's not so say stick your head in the sand, but try plan for most scenarios and spread your risk.

 

[Swa]

Gold

 

[Bundu]

anybody else think Foos is perhaps Noseworthy in disguise?

 

[syfret]

Gold

NewGold ETFs or Kruger bullion?

 

[Swa]

NewGold ETFs or Kruger bullion?

NewGold seems to be doing ok like other gold related stocks. Would stay away from other non-gold related stocks and ETFs for now.

 

[Excalibur]

Waiting for the time to buy never works.

You buy when everyone sells.

So for me it's time to buy an I buy all the way through.

*( I buy quality companies)

I agree with this, nobody know the bottom so you can't sit on the sidelines indefinitely waiting for it. You have to be decisive and buy!

 

[Purply]

The people that dropped some cash into Harmony and Sibanye Gold have been coining it over the past month or so, my only concern is when will this bubble pop.

 

[Hamster]

The people that dropped some cash into Harmony and Sibanye Gold have been coining it over the past month or so, my only concern is when will this bubble pop.

Looking at their graphs, I think that ride may be over (or maybe another chance to get in).

 

[Purply]

Looking at their graphs, I think that ride may be over (or maybe another chance to get in).

Idk, the way my luck is currently going it will probably drop 50% as soon as I buy :/

 

[Hamster]

Idk, the way my luck is currently going it will probably drop 50% as soon as I buy :/

Well, take this with a pinch of salt since I'm not an expert at all, but it is up 210% over the last 30 days. There was a sharpish drop on the 15th. Considering that after this massive burst in growth it is still 63% down over 5 years I would sell my shares (or a large portion of it) and take my "winnings" before it is too late. If enough people start doing that, the price starts dropping more and more and people start selling more and more.

 

[syfret]

I've just taken a gamble and bought R6k worth of Harmony Gold... About 5 mins ago... so I hope you're wrong Hamster Agreed that it's a bubble though. I just hope it doesn't burst before I've doubled my money!