The Market giveth - and the Market taketh away........
A nice simple chart eh?
Not a good advertisement for the virtues of "Buying and Holding" though!
To think that some people claim "It's time in the market that counts, not timing the market".
What absolute twaddle!
It is interesting how well a bog-standard 200 day Moving Average has worked with NZF, keeping you in when it was in an uptrend, and getting you out when the uptrend ended - before you gave too much profit back to the market. Most importantly though, see how it has kept you out of this absolute dog for 4 years (so far).
How is it possible to get 23 pages of earnest discussion on a stock with a chart like this?
I just don't understand!
http://i602.photobucket.com/albums/t...usPB/NZF47.gif