Forum Archive Index - February 2000

["hugh webber" <hugh.webber@clear.net.nz>]

um, I hate to be the dog in the manger and I've been very tolerant so far
but we appear to be observing a parallel phenomenon to what economists
call 'crowding out' (public taxing and spending crowding out private
investment for example).

I refer to the 100's of messages which consist of 6 letters and 4 digits.
Um, maybe there's a
better way, such as announcing the competition and then arranging for
entries to flow privately
rather than crowding out sharechat. Sure, new competitions and winners
could be announced
but we seem to be turning into a combination of the TAB and a ouija board
seance at the moment.

Before it all started we seemed to be having some brilliant discussions for
weeks but now its hard to
wade your way through the dross (and I do go backwards to pick up useful
info and references).

I'm quite happy to read what day trading is about (its a bit of a mystery
to me) but without all the gory details
although I'm intrigued like the rest of you to hear about large trades and
who it might be.
I'm happy that some people are into technical analysis (but maybe a good
analogy to its actual predictive
powers might be say tarot cards) and I'm happy to read about tech analysis
and speculation (although
the momentum aspect is primary school 1987 stuff) - its just the continual
stream of Bubble Whipped Off
garbage that's getting on my wick. Who cares whether ITC is going to be 66
instead of 65 tomorrow or 64 
instead of 65 next week. If its something substantive like ITC moving 10
cents with some penetrating 
discussion why, that's great.

I remain yours etc,

Value Investor,
Burnside.

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