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23-06-2015, 08:51 PM
#5331
Lot of noise on this thread at the moment
There was similar noise in late 2007 and early 2008 as well .....banks crossing over their 200MA lines ....and then a month or so later the big crash / correction
Just going from memory, noise can be a funny thing sometimes - especially an annoying / nagging noise that just doesn't stop.
Last edited by winner69; 23-06-2015 at 09:35 PM.
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23-06-2015, 08:56 PM
#5332
Originally Posted by winner69
From half year presentation under business update and strategies
- Active management of dairy farming clients
- Focus on Sharemilkers enabling young NZ farmers commence dairy farming business
They seem pretty keen on this dairy sector to me. That focus on sharemilkers a bit of a worry in light of Rogers comments re such things
Or just weasel words in a presentation?
They don't do weasel words.
Still only a part of HNZ's rural lending.
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23-06-2015, 09:01 PM
#5333
Originally Posted by Master98
the reverse mortgage is not performing well and will not, at least not working for me, if i do need cash i will downsize my property instead let bank control my property, and p2p lending is extra high risk for bank and i don't like it, so what else left , motor loan? no idea.
i was HNZ holder, sold at $1.4, may come back if sp drop under $1.0.
I think the REL sector will be a great earner for HNZ .
Downsizing a property would be the right thing to do,however for people not wanting to,a REL suits.
I would not buy a car on finance,yet thousands of people do.I would not want a mortgage on my property,yet most NZders do.Heartland are a bank.Banks lend money to people for a number of reasons.
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23-06-2015, 09:02 PM
#5334
Originally Posted by winner69
Lot of noise on this thread at the moment
There was similar noise in early 2008 as well .....banks crossing over their 200MA lines ....and then a month or so later the big crash / correction
Just a thought, noise can be a funny thing sometimes - especially an annoying / nagging noise that just doesn't stop.
Are the lambs upsetting you winner?
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23-06-2015, 09:07 PM
#5335
Originally Posted by winner69
Well, almost 2 years to the day the 200EMA has been broken ......spooky in a way
Does this mean the long uptrend is broken .....no, it's only noise
Believing in 200EMA is ok as long as shows what you want to see ....when it doesn't you do your Sergeant Schultz thing 'I seez nothing, nothing'
Interesting observation winner, all the touters of the 200EMA will be out by now surely, or shrugged off the ultimate long-hold safety net and gone against their own best advice.
The medium/longer term rising trend line is still in place, but we're on it, today. $1.12 offers support below here if required. Money flow is into negative territory.
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23-06-2015, 09:09 PM
#5336
Originally Posted by couta1
Are the lambs upsetting you winner?
dear couta, did not realise you are HNZ holder, luckily i already sold mine
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23-06-2015, 09:09 PM
#5337
Originally Posted by couta1
Are the lambs upsetting you winner?
Now you have woken BaaBaa - he just posted
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23-06-2015, 09:13 PM
#5338
Looked up the bible - Bulkowski
That flag pattern still a real possibility - if it eventuates expect $1.60 plus .....around October / November .......oops that's just after Jeff next year will be $54m-$$56m (another 15% noodles)
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23-06-2015, 09:16 PM
#5339
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23-06-2015, 09:16 PM
#5340
Originally Posted by winner69
Now you have woken BaaBaa - he just posted
Some of us don't do buy hold and pray.
I could put aside my misgivings, if it wasn't losing capital faster than it returned it.
But the other point you made about 2008 trading under the 200EMA should give pause for thought.
Greece looks to be still in the Euro though.
Maybe it'll be alright.
Dairy will come back.
Old people need cash, not equity.
People buy cars they can't afford.
Desperate people need loans they can't afford.
She'll be right mate.
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