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Re: Re: [sharechat] Not that long ago


From: Derek Watt <dkw@paradise.net.nz>
Date: Sat, 15 Apr 2000 09:16:43 +1200


Just to be pedantic, I thought the term was 'bottom feeders'.
cheers,
Derek.

At 08:04 AM 4/15/00 +1200, you wrote:
>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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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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