Back to $2 (end of COVID in NZ coming) and Interim Dividend, page-88

nobody can argue that the financials are going to paint the real picture. also, im not trying to discredit you or cut you down.

however, the retail trend you point out has been in the works for a while now. this is why i choose KMD and not MYR. two different propositions but same space.

ultimately my goal here is to trade KMD. the lower i get my average down kmd or any other stock, the larger the margin of safety. sometimes it works, sometimes it doesnt which is why you must follow a trading plan.

in this market environment one must execute and be patient, two extremely difficult things to master and get into balance.

i am of the view at this stage that buying at .91, selling at 1.307, and buying again at 1.005 is the right thing to do. i dare say that in this market it will be a rewarding move to buy on the third day of weakness, so i could have waited to buy KMD on the close today or midday monday. however, i have been greedy enough with my trading moves here.

there is also no doubt ive been lucky here with KMD. but remember the more you buy on weakness and sell on strength, the more money you will make in the long run.

gltah and dyor