MAC - have a read of KW's thread http://www.sharetrader.co.nz/showthr...ries-and-exits
That explains a lot in my opinion
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MAC - have a read of KW's thread http://www.sharetrader.co.nz/showthr...ries-and-exits
That explains a lot in my opinion
Oh yeah don't get me wrong, I'll use TA when I want to enter or exit, but typically I just don't care too much about it during the one or two years in between. One must filter the short term noise from the important fundamentals, especially the sentiment cycles.
It is a case of each to their own though, statistically over half of short termer's make no money, for every trader who has a win another just had a loss, there are some like KW and Hoop that probably do quite well as they have the experience to be consistently in the 50% that make money at it.
It’s not for me though, I gave it up many years ago and never looked back, long term investing in NZ is an attractive option with the unique tax break we have. It's pretty much allowed me to give up the salaried life in my mid 40's and now I just work for Mac Inc, life’s good.
Hi all.
I have essentially been offline for the last week and see some interesting discussion and responses in that time on many topics within this thread.
Will hopefully be able to contribute more interesting discussion next week or maybe (hopefully) over the weekend.
But (somewhat) briefly:
I was fairly critical of Hoops TA style of trading when 1st joining ST. I have changed my view since. FA & TA assist each other and I wish to thank you for your contributions and insights Hoop.
Winner. Re the http://www.seniors-housing.net articles. This website to-date has essentially been a robot searching the web for any recent retirement sector news/keywords and, following a cursory glance by probably one individual, dumping it into its mumbo-jumbo website. Has a vendetta against RYM for reasons unknown. Has changed its format very recently though.. might be worth another look/review.
My earlier views on the awards in question are here:
http://www.sharetrader.co.nz/showthread.php?5009-Summerset-Group-IPO&p=463434&viewfull=1 - post463434
and
http://www.sharetrader.co.nz/showthread.php?5009-Summerset-Group-IPO&p=463540&viewfull=1 - post463540
Note – As referred to above, seniors-housing.net have recently changed their website so some of the links/descriptions within the above ST posts no longer apply. Still yet to see ANY reference to a 2012 & 2013 winner and now all awards’ history has completely disappeared in the new format…. must be very prestigious.
Black Peter. Thanks for your well balanced input and feedback re Awards.
NewGuy. Re http://www.sharetrader.co.nz/showthr...l=1#post504269 Gradually moving to full in-house development is about as effective as trying to gradually become pregnant.
Couta. Still waiting for that $3.08 mark . Possibly a new low point below $2.80 soon?
Roger. Will try and get back to you soon re your PM.
I have just received an out of line and out of the blue reputation comment from smokin Cubans basically insulting me and saying I don't belong on this forum(In relation to the Sum thread) I thought we had moved past this and what right does this individual have to decide who should and shouldn't be on the forum? I have complained to the moderators so we will see what happens, no wonder people are leaving when things turn into a twitter bullying type site.
The Moderators have removed Mr Cubans nasty comments from my rep page, were all learning along this path and can I suggest Mr Cubans learn some basic respect for his fellow posters and take a good look in a mirror you never know he may even discover some flaws in himself.
I met couta1 at the SUM annual shareholder meeting and can personally attest that he strikes me as a very nice guy. His honestly in that he is learning and about his losses is refreshing and he struck me as a unpretentious good honest hard working bloke.
I think there a very small rouge element on here that need to reflect upon their conduct. Lets try and be ladies or gentlemen and share constructive information in a mature and kindly way that helps our fellow investors. My 2 cents.
Fully agree, Roger.
We don't want any rogue ladies or gentlemen rouging themselves up on this forum - lipsticks on pigs, so to speak!
;)
You're alright with us Couta, don't worry too much about the actions of the few.
Appreciate your commentary, and honesty :)
Keep it up.
Anyways, SUM.
Downtrending still.