Forum Archive Index - May 2000

["Mike Hudson" <mikehudson@clear.net.nz>]

Tony wrote

 'CAH chartwise has been demonstrating the ambient market indecisiveness but
nevertheless has been in uptrend since mid April, and could reach $2.35 /
2.60 band August/September at present rate of progress; presently a few
cents oversold. Any nudge that lifts it above short term resistance at $1.85
should clear it through to $2.00 or so'

Thanks Tony but didn't understand a word of that, but I think it translates
into a cautious buy.

Instead of being hunched over your charts you should have come out sailing
with us on the Bay this evening; it was magic, creaming along in a 20 knot
sou' wester with a glorious sunset (which you would have seen from your
place) and a giant new moon rising from the east. whilst enjoying a good
drop of MON's finest product.

There are better things in life than worrying about the next instalment of
the AQL saga., not that you worry about it, but a lot of people on this
board do. It's a gonner, let's move on to something else. Has anybody any
thoughts on NZR?

Cheers
Mike H








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