Have you back tested that ?
Best Wishes
Paper Tiger
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Personal choice really. Use tighter trigger points like 50 day MA and you can get more wrong exit / entry signals, use looser TA trigger points like 200 day MA and you can lose too much waiting for what can often seem inevitable.
NO PT you know I haven't. I'm just running with what my gut tells me is right. 100 days is plenty of time for the market to tell me I'm wrong, (acknowledging nobody gets it right more than about 75% of the time), but long enough for short term aberrations and oscillations in the SP to iron themselves out. I reckon its a handy tool in the toolkit so I'm using it going forward.
Still holding. I have a weighted av of $1.79 since a few months ago. I only look to make 30% a year.. so I am tempted to plan my out towards $2.2
Everyone still in for the long?
sold a third of my shareholding recently, from 170s buy in price, 35 cps ok for now to take off the table:-)
More than happy to hold for the long haul. High quality companies that meet my ten key investment criteria are very thin on the ground and 1.5% on my call account does not make for a very rewarding alternative ! Still holding nicely above the 100 day MA, even for those who prefer to use unadjusted charts :)
Tourism growth continues at even higher level's http://www.sharechat.co.nz/article/e...boom-year.html
I am still holding, should have bought more when it was in the 1.70s but just wasn't expecting the recovery it has had due to the on going sell off, one good thing with a sell off, the buying back when it happens in is a decent old SP boost again :).
The end of this month will be the half year mark and once Nov operating stats are out I am of the opinion there is still enough profit there to be a rather good year and high side of the range given which makes the EPS very attractive.
Even when fuel kicks up again newer fleet give AIR the ability to compete on the routes they have and subsidise this competition with the national market they have pretty well stitched up.
Been tempted on occasion to sell and take some short term gain but I think the long term earnings and anticipated SP range mean theres more to make out of them yet.
Air NZ is Oscar Mike (on the move, heard someone say it on a TV show)
Just gone Elite :) No further travel plans to be able to use it ;)
I flew every week from either kapiti to akl or wanganui to akl for over 3 years straight.... costing me up to 600 a week
I never even made Gold....
So I stopped flying airnz two months ago when I bought the shares instead haha
I am bull for long term growth as I used to work for them (finance department). I still value it at 2.4 currently but reckon it'll hits 3s again.
But I now have 100% in airnz.... and would like to sell out and take advantage of the silver plummet.
Just trying to figure out if it's going to jump to 2.4 in the next 2 months (may do once everyone realizes its going to do an amazing net profit)
100% Correct. Better returns then anything else, I had so bought more.
Almost sold back in 70s if it wasn't for this group lol but ended up doubling my positon
I don't doubt it's a good system. I just would have liked to get koru for free.... just one year
Consulting in wellington now, so no need to fly (unless I learn myself)
http://www.cnbc.com/2016/12/20/oil-p...tory-draw.html
oil down again, another 10 days to half year....well half year result with oil below $55. Expecting record half year profit:t_up: