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newish trader anbody else got sfl (SFL)     

jph321 - 21 Aug 2003 08:58

hi out there
been trading for about six weeks now, just bought sfl this morning as ex dividend next wed. shares at 177 with dividend of 9p (seams good to me)

did a fair bit of research, cant see anything bad abuot company.

is level 2 worth the money.

JohnS - 21 Aug 2003 09:30 - 3 of 6

It depends on your timeframe as to whether this will be good for you or not. I have only looked at the chart and from this it has gapped up and gone straight up. Often when this has happened a price can quickly tumble. Watch it and be ready to close if it goes against you at any time. I find it best to locate uptrends which aren't as steep and have the ability to sustain the trend for a while. If you aren't trading with good charts you should be. Hope this helps.

jph321 - 21 Aug 2003 10:41 - 4 of 6

noticed that to but only in till ex dividend date at most

jph321 - 21 Aug 2003 11:31 - 5 of 6

what swung it for me was the 2 100k buys at end of trading yesterday one was a T
buy the other an O buy.

jeffmack - 21 Aug 2003 12:49 - 6 of 6

jph321
You can take too much notice of the trades, the exchange does not denote if they are buys or sells so the software takes a guess what they are. T trades can take place over a number of days so you can never be sure if they are buy or sells. If the share is on the up you can guess that they are buys, but often they would be advertised as buys but the price is falling, this means they are probably sells
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