And i ,by checking how fast the level on my bottle of Gin is dropping......................
Printable View
And i ,by checking how fast the level on my bottle of Gin is dropping......................
I only view charts as a reflection of the companies ability to perform in specific conditions, not as a way of predicting the future.
The question is, why are prices falling and will that cause persist or give rise to more reason to fall?
It's also worth remembering that we're in the middle of dividend payments which will amplify the spook factor. This is not me saying that the drop is benign. because I don't know and would love some enlightenment.
Man its not looking good for me on the NZX. All the gloom heading our way
This thread has been going since 23-8-2015 and proves that the saying "after all said and done,there is more said than done"is correct.
Exactly, I think the goal isn't to predict where the market is headed or if we think there is going to be a crash. As long as we find and invest in value and capitalize on the inefficiencies in the market we should be fine - and if we aren't I guess the rest of the world will be following right behind us hahaha.
If you have $100m, you are rich, but if everyone has $100m, you are poor.
If shares drop in value and you're playing the long game you haven't lost anything if the company can survive a downturn and respond to changing markets.
However, it's useful to be able to predict drops because they present opportunities for long term investors or problems for short term investors.
21/8/15 - nzx 50 5751.19
15/06/16 - nzx 50 6869.55
dow bounced of the bottom of the 3mth channel 17500 odd, beautiful price action needs go above 17750 I reckon to track back to the top at 18000 around
Exactly--In other words ''you cant have your cake and eat it too'' Assuming you get shares in a good company ,being able to see when the odds are in favor of a drop or gain will determine how many of those shares you get ,for X price....Joe Shmoe, who waited, will end up with more shares
to enjoy when the times are good.
''If you have 100m and most others lose some of theirs --you are really rich''