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[sharechat] Sorry on ITC Momentum


From: Roy <baldman@internet-auditor.com>
Date: Mon, 12 Jun 2000 11:37:09 +1200


In a post on 29th May I suggested the momentum trade was to buy then and 
sell after the on-line chat from ITC CEO.

I apologise!

The momentum kept and keeps surging and I have had to trade 6 times since 
then on both the head shares and options. The options providing some good 
arbitrage opportunities.

PS. Each trade has garnered returns in the 10-17% range and I think there 
may be a little more, however I have just sold into this mornings 
surge.  Shame the volumes are not higher.




Roy Edwards
PO Box 126
Tauranga
New Zealand
Ph 07-578-0324


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