Monday, May 18, 2009

Hhhhmmm....

Honestly can't believe the strength of this rally - am I missing something

I took a couple of positions on Monday - long Sasol (SOL) @R294 and long AngloGold (ANG) R314 and then stuck in some wider reaching short positions.

Of course ANG promptly announced its bond issue and the share price took a bit of a smack beneath R300.

Interesting to see there is a bit of a buzz in the gold price despite the equity rally - we're sitting around between 920 and 930...

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