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From: | Graham Watt <gwatt@xtra.co.nz> |
Date: | Wed, 08 Mar 2000 20:46:55 +1300 |
If I could add my mathematical analysis Currently on a 20% fluctuation. Last High 28/12/99 78 days ago (longest period of blue chips before an upturn) 35% recovery from last low of $2.33 with 13% potential to last high. Shows definite upturn on 10yr graph. With other blue chips already recovering their last fluctuations, I think AIA is next. INL 4-5% fluctuations, rising FEG today 11% , 12% in 29 days previous. FLP 27% in 62 days FLB 15% in 30 days SKY last 4 are 2%,3%,9%,12% Rising TEL 14% in 10 days WHS 13% in 64 days All recovering stocks at present struggle above their previous highs. As a trading stock I would be looking at selling at $2.80 Long term has beaut potential. (Disclosure) I do not hold AIA Regards Graham ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors To remove yourself from this list, please us the form at http://www.sharechat.co.nz/forum.html.
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