What’s waiting for us in the next 2 weeks…

What’s waiting for us in the next 2 weeks…

  • Cyril announces Level 2

    Votes: 7 11.3%
  • Cyril announces Level 3-4

    Votes: 40 64.5%
  • Cyril announces Level 5

    Votes: 5 8.1%
  • Cyril announces caution but no change in level

    Votes: 5 8.1%
  • Scientists find Delta still wins, everything calms down

    Votes: 5 8.1%

  • Total voters
    62

neoprema

Executive Member
Joined
Jan 12, 2016
Messages
6,462
So, apart from a tanked Rand and basically dead Travel Industry, what awaits us next week or the week after?
 

rvZA

Executive Member
Joined
Jan 3, 2021
Messages
7,394
Time to buy more shares :D

black friday special on the JSE

It's about to tank quite a bit more. Markets are still reacting to the initial phase of impending doom on SA. I would not buy in just as yet.
 

RiaX

Executive Member
Joined
Jul 2, 2012
Messages
5,388
What share’s would you suggest?

errr.... I dont know im not a finance guy. I did make a huge profit of the level 5 lockdown when I bought oil.

This will hammer tourism so I would think City lodge, sun international will collapse. I dont think they will close but it will be a long term investment. Long enough to take advantage of capital gains tax exemptions.

but please dont take me too seriously Im NOT A FINANCIAL EXPERT thats just my idea and what I'm going to do. Though wait for it to tank more

I did get burnt with comair though on level 5 I didnt expect them to get hit that hard
 

RiaX

Executive Member
Joined
Jul 2, 2012
Messages
5,388
Lets see if we can make some bucks here. Finance guys come assist us please.

Im also looking at aspen or adcock ingram. They might be good options when the generics of these antivirals are allowed. The question is would covid be seasonal or will it fizzle out. If its seasonal then its a good investment
 

hexagon

Senior Member
Joined
May 31, 2006
Messages
853
It's your country to decide what to make of it.
Cyril and that NCCC are the office staff you're paying to keep it running smoothly.
 

vatie

Well-Known Member
Joined
Jun 18, 2013
Messages
429
Time to buy more shares :D

black friday special on the JSE
Yup when there is blood in the streets it is time to BUY. Disclaimer: This is not financial advise just my opinion, I am not a financial advisor.
 

vatie

Well-Known Member
Joined
Jun 18, 2013
Messages
429
It's about to tank quite a bit more. Markets are still reacting to the initial phase of impending doom on SA. I would not buy in just as yet.
I suspect seasoned traders are very excited by all this and actually contribute to the markets tanking fully intending to buy back in once people have calmed down
 

rvZA

Executive Member
Joined
Jan 3, 2021
Messages
7,394
I suspect seasoned traders are very excited by all this and actually contribute to the markets tanking fully intending to buy back in once people have calmed down

I can tell you one thing about this and that is that yesterday was one of the strangest days.... shares were down, markets were down, oil down, gold down. Crypto down. Not even gold acted as the safehaven everyone thought it would. This spells extremely big problems for each and every investor.
 

vatie

Well-Known Member
Joined
Jun 18, 2013
Messages
429
I can tell you one thing about this and that is that yesterday was one of the strangest days.... shares were down, markets were down, oil down, gold down. Crypto down. Not even gold acted as the safehaven everyone thought it would. This spells extremely big problems for each and every investor.
So my take on it is when you play the crypto market or the stock market never invest "bread and milk money". Always be prepared to lose. And never ever listen to your emotions or gut feel, only use your what your head tells you and be very very patient.
 
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