2011-03-07 ETM Skype Session _2011A_

Document Sample
2011-03-07 ETM Skype Session _2011A_ Powered By Docstoc
					ETM Skype Session 2011-03-07 (2011A)

[6:23:58 PM] Nicolle Wepener: Hello GGG's.....

 [6:26:01 PM] Nicolle Wepener: JSE down 0.01% for the day wheras the top 40 up 0.11%. World
sentiment is good FTSE up 0.77%. Only Major index down is Nikkei -1.76%.

[6:26:54 PM] Nicolle Wepener: Gold currently trading at $1434.84/oz, Silver up $36.30/oz and the rand
is currently strong to the dollar at R6.85.

[6:27:37 PM] Nicolle Wepener: Overall the trend is still up although most analysts say the market is
overdue for correction. We'll see about that?

 [6:30:43 PM] Nicolle Wepener: I just had a session with the first group .... in an online webinar. I'd like
you guys to join me in your regular time slot next week. I will be sending you an email invitation. All you
need to do is click the link and follow the online presentation. No subscriptions or downloads required.

 [6:32:08 PM] Nicolle Wepener: Even GGG's with mobile devices can follow. I do the talking, so you'll
need earphones to listen and you can type your chat messages to everyone, just as you would do on
skype. This will be a closed session and it's 100 times better than skype.

[6:33:08 PM] Nicolle Wepener: So without further ado.... let's begin today's session.

[6:33:22 PM] Nicolle Wepener: Everyone ok with the Sector Analysis?

[6:34:14 PM] Nicolle Wepener: Good, nice work

[6:34:35 PM] Nicolle Wepener: The Price Relative worksheet? All ok there?

 [6:35:16 PM] Nicolle Wepener: Remember you need not worry about the economic sector analysis as
yet. That will come up in part 2 of your mentorship.

[6:37:10 PM] Nicolle Wepener: ok then ...... how does the share watchlist look to you?

[6:37:30 PM] Nicolle Wepener: I think pretty good considering we have a few potential entries here.

[6:38:00 PM] Nicolle Wepener: Nice to have, especially when you're on a mentorship.

[6:38:22 PM] Nicolle Wepener: Ok , first up is BAW........

[6:39:59 PM] Nicolle Wepener: It is in a trading range at the moment and I'd be looking for it to make a
new high above 7400 and a pullback to the zone for any entry. We hold for now. No action to be taken.
We have an open position, holding steady.

[6:40:18 PM] Nicolle Wepener: ny Q's BAW?

[6:41:17 PM] Nicolle Wepener: Great next CLS Clicks....
[6:41:39 PM] Hennie Swarts: with a pe of 41 against the sector of 15--does that not make it expensive??

[6:43:09 PM] Nicolle Wepener: On the weekly it's strong in the sector but on the daily it's desperate
stuff i.e. trading below the 89's. The trend is down on CLS. We need a high above 4400 and zone
confirmation for any entry.

[6:43:30 PM] Nicolle Wepener: Yes Hennie, we wait for now. No Entry.

[6:43:56 PM] Nicolle Wepener: The daily gives a PE of 19.

[6:44:15 PM] Nicolle Wepener: Any Q's CLS?

[6:44:38 PM] Nicolle Wepener: Next up EOH.....

[6:45:35 PM] Nicolle Wepener: We want a new high at 1800 and a pullback to the zone. Remember only
one share per sector and EOH is nr 2.

[6:46:26 PM] Nicolle Wepener: There is huge growth potential in this stock with a PE 11 and EY 9. I'm
watching this one like a hawk.

[6:46:38 PM] Nicolle Wepener: For now no action on strat.

[6:46:53 PM] Nicolle Wepener: Any Q's EOH?

[6:47:39 PM] Nicolle Wepener: Next up MPC Mr Price.......

[6:47:47 PM] mike.venables308: my wife's "about to be" ex-company

[6:49:08 PM] Nicolle Wepener: Strong in the sector again and ok on the weekly. Daily trading below the
89's so no entry as desperate stuff. We would like the daily trend to change and we need a break above
6500.

[6:49:40 PM] Nicolle Wepener: Now you might say that we will be late in entering and miss the trade?

[6:50:11 PM] Nicolle Wepener: We stick to the strat no matter what and never trade against the trend.
Ve Vait!

[6:50:24 PM] Nicolle Wepener: Any Q's MPC?

[6:51:26 PM] Nicolle Wepener: Next up NPK Nampak......

[6:52:49 PM] Nicolle Wepener: :@ Argggggh! We're in a bit of pain here. It's teatering on the 89's and
it's all technical!. The funds are pretty sound. We hold for now.

[6:54:13 PM] Nicolle Wepener: Making new bottoms so we might close out at a small loss. Closed up 15c
today at 2190, so we're hanging in there.

[6:54:21 PM] Nicolle Wepener: Any Q's NPK?
[6:54:43 PM] Nicolle Wepener: Next up PAM palamin......

[6:55:06 PM] Nicolle Wepener: Share currently in divergence so we can take no action for now.

[6:55:13 PM] Colin Christie-Taylor: We set stop loss to low on this one

[6:56:01 PM] Nicolle Wepener: No Colin it's correct. I may make the call to close prematurely though.
Will keep you posted.

[6:56:21 PM] Nicolle Wepener: We can only ratchet when the share makes a new high.

[6:56:27 PM] Nicolle Wepener: It has not.

[6:56:36 PM] Nicolle Wepener: Pam......

[6:57:21 PM] Nicolle Wepener: Now below the zone as well so we need a new high above 14500 and a
pullback to the zone without divergence. It may take a while.

[6:57:28 PM] Nicolle Wepener: Any Q's PAM?

[6:57:54 PM] Nicolle Wepener: Next up PNC Pinnacle........

 [6:59:36 PM] Nicolle Wepener: The strongest in the sector and in a trading sideways pattern. We need a
new high and pullback to the zone. Price isn't rising on large vol so we have downside risk. Maintain
current exposure.

[6:59:48 PM] Nicolle Wepener: Any Q's PNC?

[7:00:35 PM] Nicolle Wepener: Next up CFR Richemont......

[7:01:46 PM] Hennie Swarts: battling to penetrate the resistance line --

[7:03:09 PM] Nicolle Wepener: It has tested old resistance quite a number of times and the 4050 level
now forms a very significant support level for a bounce. While it is in a sideways range at the moment,
we can add to the position in the zone only. The share is good to buy. Watch your position sizing and
remember the aim here is to build a portfolio slowly. You will not get rich overnight on this mentorship.

[7:03:34 PM] Nicolle Wepener: Any Q's CFR?

[7:03:50 PM] Mervyn Aereboe: yq

[7:04:02 PM] mike.venables308: did we miss NPN?

[7:04:14 PM] petro.erasmus.walt: yes

[7:04:18 PM] Nicolle Wepener: Next up Sacoil SCL...... Whatawinna! ((rofl))
[7:05:48 PM] Nicolle Wepener: We had the perfect strat entry and we hold for now. As it is a penny
stock it will look better than sasol. Ideally we would like a pullback to 200 for a second entry provided
ther is no divergence. Wait your turn will come.

[7:06:03 PM] Nicolle Wepener: Some other good news here.....

[7:06:21 PM] Nicolle Wepener: SCL - SacOil - Public Investment Corporation ("PIC") takes a strategic
stake in

SacOil Holdings Limited



France’s Total to buy 60% of SacOil Congo block - JSE-listed SacOil Holdings says one of Europe’s largest
oil producers, France’s Total, will buy a 60% stake in its oil block in the Democratic Republic of Congo,
which borders on oil-rich Uganda’s fields. Total is engaged in a deal with UK-based Tullow Oil and the
China National Offshore Oil Corporation to partner in nearby Ugandan fields, where a new oil pipeline
was being built.

SacOil said last week it had acquired a 20% stake in a Nigerian oil and gas field, its second production
deal in the country. SA’s Public Investment Corporation, which manages about R900bn of state
pensions, recently bought a 7,4% interest in SacOil worth nearly R70m.

[7:06:35 PM] Nicolle Wepener: Any Q's SCL?

[7:07:29 PM] Nicolle Wepener: Seriously no Q's....... You guys are good!

[7:07:45 PM] Nicolle Wepener: Next up SOL Sasol........

[7:09:14 PM] Nicolle Wepener: Trading below it's historic levels and would obviously do well with the
turmoil in the Middle East and the Oil saga. It is a Blue Chip stock on our index and every investor should
have a few of these.

[7:10:08 PM] Nicolle Wepener: We have no entry at the moment as there is divergence. We will have to
exercise patience here for a good entry. No action.

[7:10:13 PM] Nicolle Wepener: Sasol on Tuesday posted a 22% rise in profit for the for the six months to
end December, mainly due to higher oil and chemical product prices. Sasol said headline earnings per
share increased by 22% to R12,97. Operating profit increased by 15% to R12,0bn compared with the
prior year. Sasol declared an interim dividend of R3,10 per share. The company said it was on track to
improve operational performance and to contain cost increases to within inflationary levels. It did
however warn that the further strengthening of the rand/US dollar exchange rate remains the single
biggest external factor exerting pressure on profitability.

[7:10:28 PM] Nicolle Wepener: Any Q's SOL?

[7:11:05 PM] Mervyn Aereboe: It was a lot higher in 2009
[7:11:20 PM] Nicolle Wepener: Yes Mervyn..... a good sign hey?

[7:11:39 PM] Nicolle Wepener: Ok Next ETF's......

[7:12:32 PM] Nicolle Wepener: STX RAF satrix Rafi...... Now nr 2 in the sector and divergence. We
maintain current expose and no entry.

[7:13:00 PM] Nicolle Wepener: STXIND is underperforming in the ETF's so we hold our current position.

[7:14:05 PM] Nicolle Wepener: Erafi Sa Resource 20 Index...... is a new addition and does not have
enough data to warrant a fair comparison on the 89 PR. We nee a new high and a pullback to the zone
for consideration.

[7:14:25 PM] Nicolle Wepener: No new entries on ETF's for now.

[7:14:34 PM] Nicolle Wepener: Any Q's ETF's......

[7:15:08 PM] petro.erasmus.walt: nq BUT PLEASE DISCUSS NPN -NASPERS

[7:15:41 PM] Nicolle Wepener: Oops ...... sorry Petro missed that one!

[7:16:00 PM] Nicolle Wepener: Ok NPN......

[7:16:23 PM] Nicolle Wepener: How could I.....

[7:16:42 PM] Mervyn Aereboe: did we miss a buy here?

[7:16:50 PM] Nicolle Wepener: It's been building a base for a long time and is historically expensive.

[7:16:50 PM] mike.venables308: yeah, bad Nicolle

[7:17:20 PM] Nicolle Wepener: When the trend is up we buy! It's a go!

[7:18:02 PM] Nicolle Wepener: The 40000 level is a good support and I would position an entry around
40500.

[7:18:39 PM] Nicolle Wepener: The stop will be ratcheted to 37800 as the new high has been
established.

[7:18:54 PM] Nicolle Wepener: I got my order in today.

[7:19:16 PM] petro.erasmus.walt: THX Nicolle

[7:19:20 PM] Nicolle Wepener: ((blush)) Oops sorry mike.....

[7:19:46 PM] Nicolle Wepener: Any Q's NPN?
[7:20:11 PM] Nicolle Wepener: I guess I got caught up in the stress of NPK.

[7:20:24 PM] Nicolle Wepener: Ok next Shoprite.... SHP.

[7:21:11 PM] Nicolle Wepener: Trend is down on the daily, yet strong and steady on the weekly.

[7:21:26 PM] Mervyn Aereboe: do we wait for a pullback?

[7:21:55 PM] Nicolle Wepener: We need a new high above 10100 to take any action. We also need a
pullback to the zone and no divergence.

[7:22:03 PM] Nicolle Wepener: Yes Mervin.

[7:22:11 PM] Nicolle Wepener: Any Q's SHP?

[7:22:39 PM] Nicolle Wepener: Next up SHF Steinhoff....

[7:23:54 PM] Nicolle Wepener: We have divergence and potential for sideways trading. A new high
above 2587 will do....... No action on SHF. Maintain current exposure.

[7:24:05 PM] Nicolle Wepener: Any Q's SHF?

[7:24:41 PM] Nicolle Wepener: Next up UUU Uranium One......

[7:25:25 PM] Nicolle Wepener: Huge divergence on share. We need a high above 5000 and on stoch. It
will take a few weeks.

[7:25:53 PM] Nicolle Wepener: Has very low volume so I'll be srtict on this one.

[7:25:58 PM] Nicolle Wepener: Any Q's UUU?

[7:26:40 PM] Nicolle Wepener: OK White Water.... WWR

[7:28:53 PM] Nicolle Wepener: Very illiquid. Only 936000 shares traded. Many other better stocks to
have. This one I would not recommend for this mentorship. It's more for speculators. I don't like high
wave candles and it's erratic swings. If you had a few you'll battle to sell if you needed to in a hurry. A
negative swing of 10c per share can break you. Not recommended!

[7:29:17 PM] Nicolle Wepener: Any Q's WWR?

[7:29:45 PM] Nicolle Wepener: Ok last one up VMK Verimark....

[7:30:51 PM] Nicolle Wepener: We had a new high and a pullback to the zone but there is divergence so
no adding to VMK.

[7:31:46 PM] Nicolle Wepener: Wait for the stoch to make a new high and if it's in the zone I will call the
entry.

[7:31:53 PM] Nicolle Wepener: Any Q's VMK?
[7:33:33 PM] Nicolle Wepener: Any other questions in general? If you have a long one, then email me
nicollew@sharedirect.co.za. Look out for the email for next week's invite. The session will be on Sunday
as it's SDIF time again and will be presenting the meeting in PTA on Monday.

[7:34:07 PM] Nicolle Wepener: You'll love the next webinar session. It's like an online seminar.

[7:34:24 PM] petro.erasmus.walt: nq Thanx Nicolle

[7:34:43 PM] Nicolle Wepener: Thanks for all being such bright sparks....... Have a super trading week.

[7:34:54 PM] Nicolle Wepener: ((wave)) Ciao

[7:34:54 PM] Eric L Dixie: nq. Thanks for this evenings session. Looking forward to the webinar.

[7:35:11 PM] Mervyn Aereboe: Thanks and have a good week

[7:35:50 PM] Hennie Swarts: thanks and good night

[7:35:56 PM] mike.venables308: thanks, cheers

[7:36:18 PM] Russell: yes thank you. I now know how it all works and will be more 'involved' next time.

[7:36:48 PM] Nicolle Wepener: See you on the webinar.....Have your earphones ready.....

[7:37:31 PM] Russell: OK! Thanks, I look forward to it. Have a great week and evening.

[7:37:42 PM] cindy.brittz: Goodnight!

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:3
posted:8/25/2011
language:English
pages:7