It would be unnatural if there wasn't some level of profit-taking going on... I actually feel a little bit better when the stock pulls back a bit.. the net effect is always for the best.
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It would be unnatural if there wasn't some level of profit-taking going on... I actually feel a little bit better when the stock pulls back a bit.. the net effect is always for the best.
Natural for SPs to fluctuate, they all need to breathe, and I guess given the rate of ascent here it takes bigger gulps of air than any other to keep climbing. Its just an uncomfortable ride to have to heave along with it and frankly its giving me nosebleeds.
I like the bit where it says: "Quickbooks product manager Nora Tucker said she hopes the move will “attract Australia’s best programmers” into working with the product"
I don't want to be a Xero acolyte but I feel it sounds a bit desperate. I am sure Rod will have something to say.
Bolding done by me.
The bull goes up the stairs and the bear goes out the window.
All joking aside, still plenty of upside I believe. Healthy correction today though and I can see it extending for a while longer.
Article from a Wanganui accountancy firm. Seems her business is very busy converting happy clients over to Xero :
http://www.wanganuichronicle.co.nz/news/cloud-accounting-sends-firm-sky-high/1942763/
KW / turmeric , have either of you got any links to any posts / sites regarding basic info / explanation of TA? New to investing and would like to learn as much as I can about it and this method seems quite interesting / useful to me. Thanks very much :t_up:
Appreciate it guys - hadn't noticed KW's thread and I'll for sure give that a read. Definitely wouldn't consider myself a trader - as you said just trying to teach myself basic levels of fundamental analysis and then looking at good timing to add the 'cherry on top' :) Hopefully can provide my 2c worth one day and particularly interested in what you've mentioned here as a XRO holder myself!
A positive blog post for those holding: http://1234567890.typepad.com/xero/2...ks-online.html