Also curious re this. I've never been one to use TA but it would make sense for me to determine good entry points for my FA
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You're most welcome. We're really getting into personal opinion here, no hard and fast rules but seeing as you asked, (Google this question and canvass a range of opinions might be a good idea).
100 days being just over 3 months is something I consider to be long enough too have an excellent chance that a signal is the start of a genuine new SP trend emerging. If you use say a 30 day MA you can get whipped around between buy and sell signals too often and often signals are false and the trend that triggered the signal turns out to be temporary or false. 200 days is too long in my view in that a lot of your profit or loss from a new SP trend is lost while you wait for such a lagging indicator. 60 days would probably be a reasonable one to use and more often that not an indication off that is reliable. All depends on how much of the initial SP trend you're prepared to forsake for the extra reliability of a longer MA indication. ANZ securities has 30 day and 100 day MA on their graphs so that's another reason I simply use 100 day MA, keeping it simple and easy.
15% stop loss is my favourite...doesn't matter how much your conviction about any given stock, it's a good thing to go into any investment recognising that you might simply be wrong. Why 15% ?, again, its loose enough to remove a lot of the day to day volatility and avoids to many exit signals, and on the other hand tight enough to avoid major investment disasters. That's my 2 cents, hope it helps.
From the rhetoric that's been creeping in over last few months, it's pretty clear that they've conceded the USA is going to be very slow, multi-year effort, and at this stage I think the only thing that's going to jump start their invasion is a listing. It would give them credibility and publicity that their money just can't buy. Without it, there's virtually no chance I don't think they could get the traction they need.
Its almost fun watching all the panic on a day off, hopefully a lot are selling for some profit but I doubt it somehow given the herd mentality in operation:cool:
What market analysis does everyone else? I've just been using Google Finance, I'm sure there are better options?