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[sharechat] Profit taking - CEN, FEG, FLB, TWR, FFS & others


From: "simon dallimore" <smndallimore@hotmail.com>
Date: Mon, 29 May 2000 13:25:52 NZST


Bob,
Don't be surprised at the profit-taking on CEN. That's the way the market is 
nowadays - I believe they call it 'momentum investing'. Soon it will be the 
turn of FEG, FLB and TWR (I see the bailing out on FFS has already started). 
There was an article about it in one of the Investments publications and 
apparently it's all a game of when you jump on and when you jump off. Many 
will profit but sadly too, many will get burnt - but that's life. Just as 
for every FEG buyer, there's a seller (who thinks he is smarter than the 
buyer), for someone to profit - someone must also lose. Just don't get 
caught on the wrong side of the ledger, that's all!
Cheers,
Simon
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