Forum Archive Index - April 2000

["Richard Hooper" <hoop@ihug.co.nz>]

wow I got critised for buying underprced stocks on the NZSE ( re bottom
picking )
You dredging thru the remains of the Nasdaq , If you know what you  are
doing  I love it
Keep up the good work . make heaps of $$$$
  $$$$$$
Hoop
----- Original Message -----
From: Mike Hudson <mikehudson@clear.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, April 18, 2000 10:37 PM
Subject: Re: Re: [sharechat] Day trading


> Nigel
>
> Couldn't agree more. I read somewhere that 80% of day traders lose money
and
> I believe it. I don't see how the average bloke can out guess the
> professionals.
>
> I have just started investing on the Nasdaq In my usually conservative
way.
> I am looking at the restaurant sector which has been a bit of a poor
> relation for the last year or so and am currently grinding my way through
> the research on 50 or so companies - fascinating. I have bought into a
> couple so far and the next step will be to hop over there and check them
out
> first hand - tax deductible of course!
>
> Software is another area that I would like to look at (PRGS is one I am
> looking at). Perhaps you would share the names of the companies you are in
> as you have obviously done the hard yards.
>
>
>
>
>
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