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[sharechat] Bounce? What bounce?

From:	"Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>
Date:	Tue, 18 Apr 2000 15:27:50 +1200

Hmmm, once again we take a fall similar to the US markets, and our rise is nowhere near the ensuing rise... WHY??????? I have only two possiblities.

1. The foreign investors took their money out in the fall and are now investing all of their moeny back in the US. This would seem odd and logically imply an ever decreasing NZ market that goes in the opposite direction to other markets. (So why did we fall in sync?)

2. The NZ market is controlled by kiwis who are just as susceptible to irrational fear in the downs, but are rather more reticent to jump back on the horse. My guess goes with this one but the assumption that kiwis control the market here is extremely dubious.

Any other suggestions?

Jungen.

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