Hmm - mining and dairy are already two - and don't forget building industry and automotive ... makes in my books already 4 dimensions - scary :scared:
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Building in NZ is not going to stop until immigration comes to it's senses..
Where are all of these highly qualified Forecourt Engineers going to get their next job as digital takes over. ??
Automotive.. The top end.. Always some one at the top end wanting to boost their ego's....
Mining/Dairy.. Same boat .. Commodities. Commodities will always be needed. That is why they are called commodities..
Buy in the dips.. IMHO..
Well I 'DMOR' as Roger advised.
Closing price on 12th September (date of Roger's post) was $1.33 (the indicative sell price).
Closing price on 15th September (date of exit from NZX50) was $1.35 (the indicative repurchase price).
Throw in another couple of percent for buy and sell brokerage and I get a total loss of 4.7cps on this sure fire trade. Which only goes to show that no matter how sensible a trading opprtunity seems, there is no sure thing on the market.
SNOOPY
sizeable off market trades going thru this morning, presume its nzx50 reshuffling.
Righto, cheers. I trade with ASB Securities less regularly than once every 3 months but that's good to know.
This gives you trades throughout the day .....for free
http://stocknessmonster.com/