February 7, 2012 1 Comment
Billiton is turning around from the high in January 2012 at 271. 08 (spot) and retracing.
Retracement levels to find support 1. Horizontal support line at 255.00 (spot)
2. Fibonaaci 61% at 248. 00 (spot)
Both levels are good buying oppurtunities , there is a strong technical uptrend in Billiton with the 85 Ema crossing the 200 Ema to the upside also signalling a bounce.
February 7, 2012 Leave a Comment
Alsi spot price might of hit a turning point yesterday at 30 830 (spot) , that could see a short retracement to the Fibonacci 0.618 at 29 810 (spot) , which seems to be a good support to go long again.
The big bull trends we are seeing at the moment are 
backed by EMA crosses with the 50 through the 85 and 85 through 200 (daily)
The top level of 30 830 can be traded as a pivot point to cover the long breakout , go long above 30 830 (spot) , short the resistance.
Exit strategies on short trades should be to exit alot quicker to avoid the whiplash from the strong bull trends.
August 29, 2011 Leave a Comment
Teen huidige olie en corn prys , raak die produksie van ethanol nie winsgewend. Ethanol profits
August 29, 2011 Leave a Comment
SAVI price history (2)Hi kyk hier ons is op die onderkant van die kanaal vir historiese volatiliteit, die waarskynlikheid dat mielies hier gaan stil le is skraal
August 19, 2011 Leave a Comment
“Gold on the charge again and we are getting to the point that the you can swap the fillings in your mouth for an exotic Caribbean holiday, dentistry may not be such a bad profession afterall !
Risk off , risk off – equities look vulnerable and bond markets are the flavor of the day with U.S 10 yr yields breaking 2%, the Chinese like to moan but the capital gain on their treasury holdings may outperform their GDP.
Markets not easy , keep positions small , Risk aversion will remain for some time”
Steve Greenstein, Investec
