The Panic crew are back they obviously dont believe the Trumpet who blames the FED for the market volatility, it has nothing to do with his trade war mouth. Lol
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The Panic crew are back they obviously dont believe the Trumpet who blames the FED for the market volatility, it has nothing to do with his trade war mouth. Lol
Chartists reading A$14.60 as support level as I am?
Yes. The tax burden is on those companies that actually earn income. So does the tax system ensure that taxpayers over-invest with shares with mostly capital price appreciation. When a market correction occurs the capital value of NZ shares thus takes a real hammering. The hardest hit being the unsophisticated and individual shareholders. This then scares many kiwis back to investing in land.
Then more companies relocate to Australia....
Disc. Still have a holding in ATM.
Yep, around there. A$14.57 closes the gap as well. I'd be surprised if it gets that low with results due in a few days, but with the Bond market wobbles I s'pose SP could do anything. Traders must be loving this, for moi it's an accumulation opportunity, down from A$17.30 ... who'd a thought it?
Charts can't predict anything, that's not what we use charts for, no one has a crystal ball and a chart certainly isn't one. I'm sure you're tongue in check, but the chart helps to plan share sales and purchases giving an insight into timing on either SP rises or falls. They help with gauging market sentiment as well.
Oh I wish I had spare cash to be buying more at these prices
I bought in again ; can’t take the foundation away, no debt good outlook great company long term.
World markets are in in such a tantrum I believe good foundations are always key.
GL to all enjoy the highs and lows