RE:RE:Looking at the DF chart is mostly a waste of timeflamingogold wrote: LFE can be included as well, just a hair above in NAV over DF. DFN can be included as well, only slightly higher than both of them.
mouserman wrote: These split fund commons react to the movement of the NAV , and really TA isnt a great way to trade these. With the markets going very red today, DF's UNIT NAV now will have fallen to a level close to the threshhold to pay.. doesnt take long when they only have a 12 cent cushion.
Wasnt picking specifically on DF, was just commenting on Pulcan's TA, which he seems to think has an effect on split fund commons. I buy and sell according to the discount ( buying ) or premium to NAV ( selling). I only look at the historical chart to see how much better Lifecos have performed than the banks, of late... going back 18 months or so. High interest rates have definitely made a difference.
And no guarantee of a cut coming very soon.