Forum Archive Index - July 2000

["John and Beth Schwartfeger" <timestwo@xtra.co.nz>]

I guess I suffer from every newbies complaint. The when to sell syndrome.

I have read so many articles, postings etc and it would appear for every idea to do one thing there is a multitude of contra ideas.

I have been sitting looking at Lion Nathan and Cavallier which I paid $4.36 and $3.15 for respectively. Like everyone I want to sell at the highest point but I just can't seem to get a handle on when to sell.

Cavallier for instance I have watched and my belief is it seems to rise to around this level and drop back a little repeating this process over and over. Is it a stock that is likely to contribute much more to capital gains on the price I paid?

Similarly Lion Nathan appears to be pegging up nicely but for how long?

I feel these two stocks are a pretty good risk type to hang onto and have held themselves up pretty well while the market has done its downward spin. I think that when the market wants to kick off again maybe these two will take off again from a higher platform than say some lower yielding stocks. Could this be a logical assumption?

My problem is I don't want to keep sinking more money into the stock market without making some gains in which to use to reinvest into the market. Hence my inability to try and formulate some sort of a selling plan.

I am going to have a look at the Henley range of charting etc seminars this weekend..  maybe that will help considering their programs are free.

Anyone got any bright ideas on how to formulate a selling and of course buying plan....   and..  any comments on the Henley software??  Does it help clear muddy waters or does it bring more chaos into a disorganised situation??

 

Much thanks...   John.