Forum Archive Index - March 2000

[Robert Nottage <robnottage@yahoo.com>]

Hugh,
I don't know where you live but if there's a Dymocks
store nearby, they have lots of books on daytrading (I
suppose you can also access material on the internet).
However, if you are a long-time "traditional" investor
looking at p/e ratios, long-term yields, dividends etc
etc, it mightn't be of interest to you. You may beg to
differ, but the nature of the stock market nowadays
demands that investors act like day traders if they
want to realise quick or any capital gain. I would say
that many "traditional" "long-term" investors ARE
making the transition to being (maybe not day traders)
but definitely short-term traders. And it's really all
a question of making your capital work better for you.
A good short-term trading stock, if you were to buy
tomorrow (and perhaps sell next week) would be (as
Frank indicated on his posting tonight) Advantage as
it is expected to announce a good half-year result
over the next few days. I know you are not a tech fan
but when a tech company announces a profit, just
imagine what that would do to the share price. Don't
ever say you weren't tipped off.
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