sharetrader
Page 1 of 125 123451151101 ... LastLast
Results 1 to 15 of 1864
  1. #1
    Advanced Member
    Join Date
    Dec 2001
    Location
    New Zealand.
    Posts
    2,059

    Default NZSX50 - Good News!

    It will take a 53% rise from current levels for the NZSX50 to regain its 2007 peaks. I am pleased to be able to report that this will happen at 2.15 pm on 19/12/2011.

    Naturally, such a confident assertion rests on a couple of minor assumptions :-
    (1) The bottom of the Bear market was reached on 3/3/09.
    (2) The subsequent recovery will be at the usual 20% per annum.


  2. #2
    Muppet Placebo's Avatar
    Join Date
    Apr 2004
    Location
    Lower Hutt, , New Zealand.
    Posts
    481

    Default

    Phaedrus, thanks for this. Can you give me the time it will be reached? I want to place my sell orders now and pre-book the debt-financed holiday.

    Marriage isn't a word. It's a sentence

  3. #3
    Advanced Member
    Join Date
    Dec 2001
    Location
    New Zealand.
    Posts
    2,059

    Default

    2.15pm, Placebo. I've already told you this. Pay attention!

  4. #4
    Senior Member
    Join Date
    Jul 2002
    Location
    Auckland, New Zealand.
    Posts
    938

    Default

    Ahhh Phaedrus

    you make me laugh

    I can see you at home now.....waiting for all the TA cyncis to take the bait.
    “If you're worried about falling off the bike, you’d never get on.”

  5. #5
    Senior Member
    Join Date
    Jul 2006
    Location
    , , .
    Posts
    821

    Default

    Phaedrus.

    I can't figure this out. If TA is able to predict an exact time of 2.15pm which falls during daylight savings, how do things change if the Government were to alter the daylight savings legislation between now and then and what your chart says is 2.15 isn't actually 2.15 when 2.15 arrives?

    I can't see how your chart can account for this possibility, so surely the whole thing is flawed? I'm calling Warren!
    ----
    Never try to teach a pig to sing. It wastes your time and annoys the pig.
    ----

  6. #6
    Guru Dr_Who's Avatar
    Join Date
    Aug 2007
    Posts
    3,613

    Default

    Working are for those that dont know Phaedrus and those that dont fish.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  7. #7
    Advanced Member
    Join Date
    Dec 2001
    Location
    New Zealand.
    Posts
    2,059

    Default

    Stranger-Danger. In actual fact, 2.15pm is only an estimate - a "best guess" if you like. The 4332 target could be hit anywhere between 1.12pm and 3.18pm. On balance, though, the probability is around 2.15pm. Any variance caused by daylight savings would not move us outside the predicted time range, so there is not a lot of point trying to factor it into the calculation. The figures as quoted are accurate enough for most purposes.

  8. #8
    Member
    Join Date
    Mar 2009
    Location
    Upper Hutt, Wellington, NZ
    Posts
    230

    Default

    Quote Originally Posted by Placebo View Post
    Phaedrus, thanks for this. Can you give me the time it will be reached? I want to place my sell orders now and pre-book the debt-financed holiday.

    I'm with you. I'll take out another mortgage on the house and pour it all into the market, not too sure which stocks yet but I've got some time to figure that one out.

    I might set my sell order for 1pm to avoid the rush though. It's gonna be a great Chistmas in 2011!!!

  9. #9
    Member
    Join Date
    Feb 2003
    Location
    , Christchurch , NZ .
    Posts
    110

    Default

    Ah, but how many of you have actually checked to see if 19/12/2011 is a trading day

  10. #10
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,710

    Default

    Quote Originally Posted by wbosher View Post
    I'm with you. I'll take out another mortgage on the house and pour it all into the market, not too sure which stocks yet but I've got some time to figure that one out.

    I might set my sell order for 1pm to avoid the rush though. It's gonna be a great Chistmas in 2011!!!
    At 20% pa guaranteed why bother trying to sort out what stocks to buy .... just go and get some FNZ which tracks the index .... cheaper in the long run probably ... and yes 20% pa guaranteed for the next 2 years ....

  11. #11
    Guru
    Join Date
    Apr 2007
    Location
    Hamilton New Zealand.
    Posts
    4,069

    Default

    Hmmmmm seems like a "buy and hold" strategy is required.....

    ooops !!! did i say that dirty word "buy and hold".

  12. #12
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    1,000

    Default

    Just putting a balanced perspective on things , i see a new high around 961.234 on the SP 500 and then a downleg next thursday.
    It will then be referred too in future economic's texts as 'Turd Thursday',the day the markets crashed.


    Last edited by dumbass; 04-06-2009 at 09:06 PM.

  13. #13
    Advanced Member
    Join Date
    Jan 2008
    Posts
    2,196

    Default

    Quote Originally Posted by dumbass View Post
    Just putting a balanced perspective on things , i see a new high around 961.234 on the SP 500 and then a downleg next thursday.
    It will then be referred too in future economic's texts as 'Turd Thursday',the day the markets crashed.



    Dumbass - can you explain how you come up with your prediction of 'Turd Thursday'?

  14. #14
    Senior Member
    Join Date
    Oct 2004
    Location
    , , .
    Posts
    1,000

    Default

    it was the only day of the week that rhymed with turd apart from tuesday.

  15. #15
    Kanga ru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,007

    Default

    Wave 5 of 5 of C

    Is that the end of a Wave 2 on your count DA?
    Last edited by Xerof; 04-06-2009 at 09:22 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •