Just think about it for a minute: I'm sure you can answer your own question.I meant cba, and also when A company goes ex dividend why does there share price drop?
Presumably you are using an online broker? Their website will show what shares you own. I'm only familiar with Etrade but I imagine all brokers have the facility for you to set your own parameters on your p/f page, including "show average price".yes I see now julia, also will cba send a letter saying how many shares I now have after the spp and what the average price of my entry into the stock now is?
No, I come to you with facts and ask you for your facts-- in 'fact' yours is all theory, no evidence.
Also GDP *isn't* lagging, unless we are in a recession now, which is possible, but we will only know looking back at revised data. What is your source for lagging GDP, and what is the figure????
The IMF has forecast a mild recession, private commentators like Access Economics also, others a slowdown or zero growth with no recession.
Your panic list says nothing about a forecast of a recession, which is sustained negative growth. You also provide no numbers.Give me some numbers otherwise, as I said, why should I listen? I've given you my numbers: mild recession (usually a 1 % contraction), a share price ($43 based on six months of stable trade), a write down of bad assets of 16% per annum. Conclusion $37 CBA price.
Sigh... alright man. Be sure to come back in 6 months time and let me know how your bank stock portfolio goes.
I don't know why you're addressing this remark to me. It was juw who mentioned six months.Here I am Julia, back in way less than six months, and CBA has hit $37.
I don't know why you're addressing this remark to me. It was juw who mentioned six months.
I have not made any predictions about CBA. Merely provided a quote from a financial commentator.
And if you 'can't beat logical analysis on fundamentals' I wonder why so many technical traders make as much as they do when they frequently haven't the faintest notion what the company even does!
The big issue in finances, so I am told, is whether anybody can make more than the market return, even fundamentals traders. I believe that the latter can, and the former may as well be tossing coins.
Technical traders make money in any market that is rising. It is possible to show theoretically (and empirically) that any random purchasing strategy will make money in a rising market. There will be a distribution of outcomes as well. Some of them will do extremely well based simply on luck, others badly. But on average, in a rising market, my monkey will make money.
The big issue in finances, so I am told, is whether anybody can make more than the market return, even fundamentals traders. I believe that the latter can, and the former may as well be tossing coins.
Ah!! Its good to see that we get a revolving line of so called fundies willing to claim the TA guys can't do what we/they do year in year out. Luckily they refresh so often, it doesn't take them long before they are off trying to make a buck some other way.:
Ah!! Its good to see that we get a revolving line of so called fundies willing to claim the TA guys can't do what we/they do year in year out. Luckily they refresh so often, it doesn't take them long before they are off trying to make a buck some other way.:
Put your TA where your mouth is!! Do you have the nerve???
Put your TA where your mouth is!! Do you have the nerve???
Enough about that. I am wondering when CBA is going to stop rallying? Surely over fair value now?!
I wonder when they're going to lift the ban on shorting financials
(Comsec says May, but who knows!?).
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