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  1. #331
    Speedy Az winner69's Avatar
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    Quote Originally Posted by snapiti View Post
    snaps made a bundle last night so took some off the table this morning.
    Wheeler won't cut rates this thurs and I will make even more money....besides winner it is time you were wrong.
    Well done snaps

    I sort of hedging my bets a bit eh. Wheeler shouldn't cut rates but they may have got to him and he will feel compelled to cut.

    Should be 90/10 to hold but 50/50 if he sucked in .......so now roughly 70/30 to hold

  2. #332
    Speedy Az winner69's Avatar
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    Snaps -all primed and ready to go to trade that spike (up hopefully or down) at 9 am

    Maybe for a selected few its 8.59 am .....how cynical

  3. #333
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    Quote Originally Posted by winner69 View Post
    Snaps -all primed and ready to go to trade that spike (up hopefully or down) at 9 am

    Maybe for a selected few its 8.59 am .....how cynical
    Rate is cut.. wonder what will happen today?

  4. #334
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    Cut 25bps! Funny, in the last couple of days I started to get the gut feeling they may cut, but was probably 50:50 on it rather than 25:75 previously. NZD down around 2% at one point! RBNZ indicating more cuts as well. Seems their economic forecast is quite different to the government's.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  5. #335
    Speedy Az winner69's Avatar
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    Quote Originally Posted by snapiti View Post
    snaps is very wrong ........I may have to employ you for financial advice winner
    Yes the bankers got their way and Wheeler fell for it

    Pain ahead in the years to come I fear ... OCR back to 5% plus in 2017 methinks as Wheeler tries to dampen down things

    And we thought he had to take a forward looking view

  6. #336
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    Perhaps he does Winner, but his view is more aligned with mine than yours or the political spin of the government. ;-)
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  7. #337
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Daytr View Post
    Perhaps he does Winner, but his view is more aligned with mine than yours or the political spin of the government. ;-)
    Daytr, Obviously we will continue to disagree for a while at least

    Hey mate, don't like that inference I have been sucked in by the political spin of the government.

  8. #338
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    Winner, that's your inference it wasn't mine.
    All I said was that your outlook is aligned with the Government's.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  9. #339
    Speedy Az winner69's Avatar
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    Banks celebrating their win today, even better news for them as no mention of any future increases but more cuts likely

    As foreign wholesale funding rates creep up (ie higher costs for local banks) they now every excuse to screw NZ depositors even more to make up the shortfall.

    Well done Cam Bagrie et al, you have done a good job for your bosses.

  10. #340
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Daytr View Post
    Winner, that's your inference it wasn't mine.
    All I said was that your outlook is aligned with the Government's.
    Sorry, I read too fast. There is an 'or' in the sentence after all

    Was rather tongue in cheek comment anyway

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