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21-09-2016, 06:17 PM
#8931
Originally Posted by couta1
I've got far too much work to catch up on at the moment to be posting so must stop. Some non holders of this stock add value whilst others are just out to provoke a response and cause dissent IMO. I put posts such as #8908 in the latter category.
As this post which I considered applicable and honest got me a warning from STMod following my recent ban,i've decided to take a long break from the forum(Not sure at this point if I'll come back at a later date) The place has become too PC for my liking and is not impartial in its moderation. I know Roger feels the same way and doubt whether he will be back in a hurry. The forum has lost many valuable contributors over the last couple of years and the question is why? Regards Couta
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21-09-2016, 06:38 PM
#8932
Originally Posted by winner69
Posted before but this chart has haunted me for over a year .... and every time I update I say to myself spooky stuff
Then I say no worries - it's just a stupid graphic
Super spooky. . Chart says next GFC about to start?
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21-09-2016, 06:42 PM
#8933
Member
were there any other bad news other than http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11714184 ? or was it just a panic sell? thx. not sure if the article counts as bad news for the SP.
Last edited by ohpark0119; 21-09-2016 at 06:44 PM.
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21-09-2016, 06:55 PM
#8934
Originally Posted by axe
Super spooky. . Chart says next GFC about to start?
Most forget that the NZ market started well before the GFC hit the world
AIR was no exception
No worries - this time is different
”When investors are euphoric, they are incapable of recognising euphoria itself “
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21-09-2016, 07:35 PM
#8935
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21-09-2016, 08:05 PM
#8936
Re that chart posted w69
Agree.It does look a pretty stupid graphic imo ; like a fat finger slip. Who did it and how do they justify the projected plunge may give it more credos; and its over a year old?
Last edited by Joshuatree; 21-09-2016 at 08:06 PM.
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21-09-2016, 08:15 PM
#8937
Looking through the balance of trades today http://stocknessmonster.com/stock-trades?S=AIR&E=NZSE, the volumes on the exit were greater accepting a lower price, than the volumes on the entry paying a higher price. Of course all volume is neutral in Toto as buy volume = sell volume, but the SP balance favoured sellers and suffered as a result. No trade volumes are large enough to suggest a 'major' exit (or entry), without knowing the source. It looks more like a pre-cautionary day prior to the Fed interest rates announcement, some get out or lighten their exposure due to perceived risk, while others see a bargain and buy the market. Tomorrow will be interesting, even if the US Fed don't raise their rates (which they could and would be shock), they might forecast or imply a rate rise, which will also be a negative influence on the market and in turn NZX. Intriguing times. There's not obvious local reason why the AIR SP has fallen below widely broadcast analysts predictions.
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21-09-2016, 08:21 PM
#8938
Originally Posted by Joshuatree
Re that chart posted w69
Agree.It does look a pretty stupid graphic imo ; like a fat finger slip. Who did it and how do they justify the projected plunge may give it more credos; and its over a year old?
MS Paint is a useful tool, albeit unsophisticated, usually obvious by a punter drawing a 'projected' SP curve over the top of a bona fide chart and pushing it through and beyond the price axis, thereby making it look like there is (might be) hell forthcoming. It's bunkum, certainly not founded in any decent recognised TA.
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21-09-2016, 08:49 PM
#8939
Ok see where you're coming from re cyclic. Heres the 10 year chart from ASB with 30 and 60DMA
Last edited by Joshuatree; 21-09-2016 at 08:51 PM.
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21-09-2016, 08:55 PM
#8940
You guys have upset / offended me so much I have packed a sad and thrown the toys out of the cot and deleted all my posts about that unsophisticated bunkum spooky graphic i posted.
Last edited by winner69; 22-09-2016 at 08:40 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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