Forum Archive Index - March 2000

[Derek Watt <dkw@paradise.net.nz>]

The last time I bought ITC when the US price was over $1
and the NZ price was low, I ended up losing lots of money.
Admittedly the price in NZ is even lower now though.
Derek


At 07:51 PM 3/14/00 +1300, you wrote:
>Hello everyone.
>From my analysis
>ITC current fluctuation 35%
>30 days since last high of $1. 15/02/00 Last low of $0.65
>At $0.71 24% recovered.
>At $0.74 (High today) 35% recovered
>27% Potential to last high. (No. 2 on my potential list)
>Rising 1yr, Rising 3mth, Resistance at $0.69
>Increasing volume last 3 sessions
>Can't ignore 48% increase US ICALF as another positive.
>Expecting time period between peaks to shorten.
>Last 2 Main Fluctuations 45% and 38%
>Watch NZSE rise tomorrow.
>
>Disclosure Hold shares
>
>Regards Graham
>
>
>
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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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