NAB 2.07% $36.95 national australia bank limited

anyone going long ?, page-7

  1. 34,500 Posts.
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    Look at the chart of AMP Feb 2004, where the turning point is.

    NAB shows no sign of this in DMI. I think wait for more positive signs in the DMI before going long. Its just going to must likely just drift sideways and downwards....

    Overall, NAB has been in a downward channel for the last 3 years or so, so I can't see any point of holding it for the longer term, as paying out its dividend is costing it on the longer time period..

 
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