The race is on...
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The race is on...
oh thanks.. hmm that's quite a clever play
Probably falling below 1.5, see whats happening in the Middleeast.
Unless they wipe them out they will be back where they started in a few months when the next batch have been trained and equipped.
Its hard to be excited about the world at the moment. I wonder if many people feel the same way and if that would put a dampener on air travel in general. I just feel like building a bunker and settling in....
Might sound rough Moosie re: your new TA strategy discipline..so no offense intended ....To be successful at TA you have to stick to the discipline!!!...Regarding recent AIR buy in...You got what you deserved..you prempted (assumed) medium term buy signals before they happen that it did not happen..so you got faked out..You only buy on short term buy signals for Short term investments thereby be prepared to sell them on short term sell signals..AIR failed at it's first resistance (208) this was your signal to get out, Not buy in!!...If you are going to buy for the longer term or buy and hold strategies you don't act on short term signals you resist emotion (greed) and rely on Medium/long term signals [my charts are set at default (medium term)].
I sold out at the sell signal over 3 weeks ago and I'm still out because I stuck to the TA discipline..
The buyer's crystal ball is probably no better than ours..
No!!..there is support before then at 193/195 area ..then 182ish...The 200 is no longer a support it got busted this morning and is now a resistance..
Just to add to Golsteins post...after clicking that link re shakeout...have a look at my post with the depth table
Technically speaking .. reaching any where near 1.50 is at the moment highly unlikely...
To clear up the technical support blurryness around the 193/195 area it seems 195 is now established as a support area..
Disc: have none...on watchlist waiting for NZX50 weakness to end/AIR medium term buy signals to happen
Malaysian airlines can't catch a break can they ! Other airlines now avoiding airspace around the Russian / Ukrainian border so apart from the effect on oil prices sparked by the tension this incident has had I wouldn't expect much impact on travel demand.
Almost certainly shot down by a Russian made missile that's been supplied by the Russians to front lines for the ongoing battle the separatists' are fighting so what does this do for U.S. / Russian relations, especially after the U.S. ramped up sanctions yesterday ?
None of this helps, neither does the $3b hole carved out of the economy by the fairly dramatic fall in dairy prices.
The ironic thing I've noticed lately is that when the U.S. market has a good day, like yesterday, American Airlines, Delta e.t.c. go up and yet Air went down six cents, yet when they go down 3-4% like they have overnight in reaction to these events no doubt AIR will go down as well. There's something I'm not seeing here or its hammer time, I'm not sure which to be honest.
some pretty big orders going through
There's something I'm not seeing here or its hammer time, I'm not sure which to be honest.....Roger..If you are looking longer term forget the noise...
Lets think outside the box .....First of all, we are involved in a marketplace (stockmarket) which is full of noisy people with differing agenda's, differing attitudes, differing diciplines and differing temperaments, and they all react together as a group to ever changing external factors (long term and short term) affecting the market environment they are surrounded within....From a TA point of view you are not investing into a company you are investing into a marketplace that buys/sells that companies shares...so we are at the whim of the markets behaviour which as all know can be very cruel at times especially if your investment discipline revolves around Fundamentals....but that nature.... in general, life is in a state of flux its always moving in the state of various degrees between yin or yang with the rare moment of "normality" (fundamental normal) happening only with the yin yang crossover..... Humans are animals and we herd together, intereact together and rely on animal instinct to survive both at an individual or group level...the market place is a great place to show our true nature...it shows just how primitive we humans can be...e.g basic Greed or Fear.
With hindsight (40 years in shares) I think I would've been far better off having a psychology degree than one in Business Management.
Malaysian Airlines...My heart goes out to this company and those poor passengers this year...they have suffered the blunt end of the odds...
So... that it Roger...so what was the point of this silly rant.......oh yeah, in brief, ............the NZ market at the moment sucks :p
Nice psychoanalysis there Hoop :cool:
Is it the market that sucks or the ever present rash of new IPO's sucking the life out of it in tandem with a Reserve bank that seems determined to snuff out even the slightest bit of economic growth.
I can relate to that feeling Toasty, its hard to win when you're swimming against a tide that feels like its going out.Quote:
I just feel like building a bunker and settling in....
I think its hammer time.... but not with shares :cool: At times like this hammering alcohol seems more attractive than hammering shares.