if you have ATM in your portfolio... one thing is for sure..What is see at 9am would have been drastically changed at 5pm(only IF you have ATM)...Jeez these movements are like pendulum swings...
It certainly is a 'game of two halves' these days!!
(I liked the upswing today....bodes well for the next upswing.)
Yes a very noticeable ramp up in volume on the nzx today. Tomorrow should be very interesting.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Haha some good money in it for traders. I have held and ignored, let the pros do there thing but not give up my shares. Yep I think people know high volumes with rebalance tomorrow means likely price increase that should last a few days then the trading might start again. Plenty of volatility and liquid which is perfect for short trades. However long term I believe we will see it head upwards
Haha some good money in it for traders. I have held and ignored, let the pros do there thing but not give up my shares. Yep I think people know high volumes with rebalance tomorrow means likely price increase that should last a few days then the trading might start again. Plenty of volatility and liquid which is perfect for short trades. However long term I believe we will see it head upwards
Agree 100%. Trying to stomach the wild roller-coaster ride and not panic..might need some motion sickness tablets and a bottle of something to calm the nerves tomorrow.
Last edited by Beagle; 30-05-2018 at 05:20 PM.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
This stock also followed other global food stocks and didn’t drop very badly. I found some egg stocks such as CALM, meat and milk stocks such ATM2 as are trading at PE ratio above 50? Can they sustain the growth? Don’t you think it is wise to go for attractive discounted stocks in the sector with promising future instead of extended PE ratio stocks? Yesterday after sometime I saw there was heavy demand for some global food stocks trading at great discount to the market. It sees time to avoid overextended PE stocks.
See the fundies been given heaps of extra time today to swap around their shares as part of the MSCI rebalancing
No doubt a fair amount of cooperation
Can you please give us some more detail about that mate ?
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by carrom74
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