Originally Posted by
bull....
hopefully no H&S patterns eventuate.
anyway interesting to note the sell off in nz dollar and the correlation with the sell off in stocks.
the high correlation of property and retirement stocks selling off in correlation with the nz dollar, funny thing is these two sectors are being the most aggressively sold by some people - do offshore people see the top in the property market?
then followed by spk and utilities so probably postioning for fed hike? when you consider nz50, gold, tlt are the worst performing markets on my watchlist last 30days