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Monday, November 15, 2010

JSE Stock Picks

The markets have been very choppy & almost impossible to call lately but there are still a few good trades around. In the short term we short trade BAW at current levels with a target of 4500. stop loss 5300. For a longer term trade we look to buy long ART at 900 with a target of 1200 and stop loss at 800. ART have increased their earnings 1900% & produced good results in general for 2010. A small dividend of 4c is to be paid. We expect ART to move upwards and past 1200 in the next year.

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