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$SSL | #Sasol Bullish Targets
Potential breakout above $9.00 as stock regains
channel support.
Potential move to Mid Channel and 200ma $10.90
Indicators in reversal and Bullish .
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Hello 'Mikey', I short stocks all the time! I used to always play on the BULLS side of the fence! But also notice that I'm always ending up on the losing side the fence!
yeah I know, now I can be chastised on poor choices, failed strategies, Inexperience (Or just Stupidity)
but whatever the case, if I'm always losing money playing in the BULLS's Pen!, then the opposite effects SHOULD BE with the BEARS!
Meaning that the BULLS win only of the BEARS Lose and Visa Versa!
Therefore if my market thinking pattern, my market sense of reasoning, my market fears and gut instincts are all that causes me to ultimately lose with the BULLS, then perhaps the opposite must be relatively more applicable with the BEARS!
And so, I've tried it and been successful ever since!
Albeit quite confusing and even quite mind boggling with trying to understand WHY does this work for me, it nonetheless works!
However with further studies, I've learned that the market have gravity! ..in other words, it's always more "Weighted" for a fall than it is to rise!
There's always more losers than winners!
There's always more TAKERS than GIVERS!
This is the nature of the capitalist system that we live in!
The Stock Market is just a byproduct of it!
This is WHY there's more BEARS than BULLS! Because the Bears are the Takers and the Bulls are the Giver!
In other words, People are always more inclined Cash-OUT than to Cash-IN!
This is WHY I kept Losing on BULL plays! Whereas in order for the BULLS to succeed, it would requite a steady "INPUT" of capital into one's position!
truth is, there are more people Exiting/Closing/Holding their market positions than Expanding and/or Creating new ones!
Even when looking over the Market, if one were to average out the numbers of Tickers that have since gone to hell, (Literally), it would be about, say 75%
This means that the odds of the market averaging within the Bears territory is much higher than that of the Bulls!
So even on a BAD 'BEAR' DAY, one's average would be 'BULL' of Fun!
So even though my Short position here is currently upside down, the BEARS always have their day in the midst of all the BULL!
(All Pun's were intended)
Well interesting, I shorted at that price!
HSBC upgraded Sasol $SSL. Cashflow models imply stocks undervalued:
Fair Value Source
AI
