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.
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.
Brexit is causing a lot of global economic uncertainty. It's not just NZ taking a hit, look at other indices as well. Poor market sentiment all around. There are a whole lot of other factors contributing to this as well.
Last edited by Ace; 15-06-2016 at 11:39 AM.
Toward his critics, the artist harbours a defensive ace: knowledge that the future will erase the present.
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Originally Posted by Joshuatree
Nothing will come from nothing
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