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Re: [sharechat] Chartist challenge


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Wed, 5 Jul 2000 21:13:47 +1200





> Mark,
> For the last 2 days BRZ head south, currently at 2.35 with closing price
> lower than opening price.
> Trending not clear whether upward or may be still trending downward.
> Wait until there's a rally over 2.70-2.75 to confirm an uptrend, before
> rushing to buy.
> I would suggest to stay away from BRZ for the moment, and invest your
money
> somewhere else.


Thanks Rini - but based on fundamentals (earnings are all :) ), I believe
this to be a good share, and I have a longer term timeframe. But as you see
from my previous post, I'm prepared to let the charts dictate the timing of
my next purchase of the stock.

Cheers


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