Forum Archive Index - April 2000

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

I'm not chasing it, just watching it and the bottom fishers, I'm 
fully invested already in long term value stocks except for one
position in Sausage in Oz and 2 marginal pocket money nz
techs I can keep on for the amusement.
But it seems on the US data at the mo (-668 on the Dow and
-338 on the Nasdaq) that the overleveraging was far worse than
even I thought and equivalent (on the Nasdaq) to NZSE 1967.
However I note the sun still rose this morning, the dividends 
which I invested for will probably still be paid and when the dividend 
inflow gives me some spare cash I'll be buying some more long
term value high yield stocks and possibly a larger tech with a
credible business plan and good share price recovery prospects.
I'm off to take the dog for a walk. I'll listen on the radio to see if
Bill Gates shot himself sometime later today.

ciao,
hugh
----------
> From: jesse <johne777@hotmail.com>
> To: sharechat@sharechat.co.nz
> Subject: Re: Re: [sharechat] Not that long ago
> Date: Friday, 14 April 2000 21:41
> 
> Hugh
> dont need a chart to see where Nasdaq is going. Fishing for a bottom is
> guessing, gambling. Dont chase it, let it come to you.
> j
> 
> 
>
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