Disliked{quote} Agreed. Fitch also thinks so as they said last week when they upgraded NZ. About the only spanner in the works I can see in the near future could possibly be a change of govt at the upcoming general election....whether that will happen is something that we will just have to wait and see. For those picking tops here....do your research. Picking tops and bottoms is a fools game....always will be. There is no reason to sell NU at this stage, there is no bear signs whatsoever. Simply saying 'the Kiwi is too high' is stupid. People said the same...Ignored
Not happening under soft commodity prices now.
USD is oversold on all fronts and corrections are in order.
In trading, you have to be defensive and aggressive at the same time