Forum Archive Index - July 2000

["nick" <acummin@es.co.nz>]

 

----- Original Message -----

From: David Reid

To: sharechat@sharechat.co.nz

Sent: Saturday, July 01, 2000 1:03 PM

Subject: Re: [sharechat] Trading tip for unlucky punters

See http://www.intelligentspeculator.com/charts/20000502/1300/trading.gif
for the answer to your prayers.

David Reid

 

       Looks very similar to the nufarm chart.!!  I had a similar experience

with them, initially buying at 5.70 when they were supposedly heading for 7 dollars,

only to see them fall all the way to 3.20.  Naturally i was buying more and more

on the way down.  

     Luckily i didnt sell at the bottom though and still hold all the shares. Fortunatly

i feel nufarm will still end up being a very good investment. 

        The happy trading chart does have more than a ring of truth to it.

   My biggest mistake recently was selling energy at 5.50 (bought 4.40) on the

eve of the start of the surge in the share price.  I can hardly bear to look

at their chart now, makes me feel sick.

 

 nick