TLS 0.97% $3.59 telstra group limited

I wonder who is doing all the buying.Maybe the super fund...

  1. 1,752 Posts.
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    I wonder who is doing all the buying.

    Maybe the super fund managers starting to waddle back to the share market. April is supposed to be a good month, historically speaking, with the onset of spring in Northern Hemisphere.

    Marcus Padley was on Inside Business on Sunday, reminding people watching, that there are shares paying good divies on historically low multiples.

    My old mentor Bruce Bond was saying good sunny weather will make buyers more positive, his favorite was sunny Friday.

    As opposed to wet Mondays, when lot of strugglers will not even get out of the bed.

    Anyway, I hope this good weather lasts.

    And watch this 40SMA guys. Once it turns up and follows SP up, it becomes a support and a good exit point (on cross), should TLS run out out of steam.
 
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