HLG is a stomach churning cyclical, all fine if you know how to buy the upcycle getting the capital gains and the dividends, and sell the down cycle avoiding capital losses. Otherwise it's a recipe for nightmares.
Attachment 10200
Monthly chart
Printable View
HLG is a stomach churning cyclical, all fine if you know how to buy the upcycle getting the capital gains and the dividends, and sell the down cycle avoiding capital losses. Otherwise it's a recipe for nightmares.
Attachment 10200
Monthly chart
Hallensteins out east was absolutely packed today! Yesterday morning was just as packed. $29 for jeans I mean that’s a bargain if I say so myself
14 years here, more before that on Sharechat when it had a discussion group and countless more before that on the old Kitco when Gold was doing it's thing. Finally a compliment from the Snow Leopard, for a Log Axis! Yeah OK, kudos back at ya, you're a patient teacher.
Without any real TA, this is just a simple chart with very long term support and resistance trend lines. Real TAnalysis is not worth posting here, imo, it just provokes a technical discussion that bamboozles the masses and diverts the discussion to a weird place, sometimes wounding the poster and they leave, @Hoop for example (miss him here).
I'll be buying $2.20 as well, if it happens. Probably won't though, the missing support trendline from my chart is 2009 to mid-2016 which suggests a support range around $2.90-$3.20 :)
Still pretty brutal these cyclicals, if you're not acting on market sentiment there can be many months or even years between sleeping well and sleepless nights.
couta heres a link for you your now be able to follow your gdp data , retail sales in real time. by the way im picking a good xmas sales season in nz , not sure about aus
http://www.gdplive.net/Dashboard
Not sure on jeans but I do know the markup on men's T-shirts and women's sleepwear as I have some products being manufactured at the same manufacturer and trust me it is insane the markup on them. Their deadlines and logistics is top notch compared to my process. Wont publish that info on here though:) If jeans are anything of the same margins I am sure it will be fine at those discount prices as well.
Price looks stable at current level with Gragher on holiday, about fair value IMO.