Forum Archive Index - February 2000

[tonysw <tonysw@xtra.co.nz>]

hugh webber wrote:
> 
> 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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> http://www.sharechat.co.nz/          New Zealand's home for market investors
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I could'nt of put it better myself. Lets get back to business - what was
that about Branson..........?
ASW

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