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NASDAQ_400
03-31-2003, 06:31 AM
Hey! DROOY up in SA today 15%, Harmony 6%, nice...

Uncle
03-31-2003, 08:56 AM
modern philosophers, Mr Frank Zappa "Icht been maroon". Please excuse my German, this should be "I am maroon".

I sold some DROOY at R32.00 ($4.04) and bought back at R21.00 ($2.65). Hope this was a wize move :) (The dollar values might not be accurate as I trade in the local FRN)

Interesting to note that the moves are regardless of Rand strength. (When I wrote this the Rand was steady, currently down 7.8635 -.1252 -1.57%, Durban ends up 18.5% at 20.50ZAR or $US2.60 at latest)

Hoping that this is not just a flash-in-the-pan and that we've turned at last.

Golden Regards
Uncle

NASDAQ_400
03-31-2003, 11:35 AM
Nice trade in DROOY! I did not sold, but I added 2day a few in EURO at about $ 2,53 converted, hope this move goes up first until $ 3,50 or so and we have turned...

Golden regards

Naz

Uncle
03-31-2003, 03:30 PM
R42.00 (or about $5.28 current conversion) to average down. I know one shouldn't average down, so don't take this as advice.

What I perhaps can venture as advice is never to trade on impulse, the market will still be there tomorrow. Go back and do some homework. I've lost money on each and every impulsive trade, and I mean each and every. Some expensive class fees paid, lesson learnt :)

Luckily I'm still way positive overall, just this one that got me.

Golden Regards
Uncle