Forum Archive Index - August 2000

[Roy <baldman@internet-auditor.com>]

Get a life chaps :)

If you believe that a few "mums & Dads"  rabbits etc are the cause of your poor share performance then I think you do not understand the marketplace.

Consider that most small investors use a stockbroker who

a) charge a percentage for trades - not good for small parcel trading

b) recommend holding shares for the longer term

Note: This is also my experience having talked to many "small investors"

Consider also that the decline in major (top 40) shares are usually attributed to larger shareholders quiting their investments.  (ie note the significant drop in overseas investors over the last 12 months).

Rather than having a bad hair day and joining the great unwashed in bemoaning your fate.

LOOK AT THE OPPORTUNITIES!!!

The NZSE40 has risen 8% since 14th April when it closed under 2000.

NOT ONLY that but there have been some nice fluctuations for those that wanted to buy in or sell.

Seems to me to be both a great market for traders and investors...

But then again I did not slash my wrists and blame the referee when the allblacks lost their last game.  So who cared that it was a great game?  (I did!)

Is not part of the problem related to too many "mums and dads" having small

  parcels of shares and taking any upward movement as an opportunity to quit

  their holding.......,snip>

 Think you are right Hoop.  We see it happen time and time again.  The

  market has a little forward momentum and in come the Bunnies and down she

  goes. Any rise is too good to be true. Crass pessimism.

  Cheers

  BG

   .If the spineless rabbits all grew a spine they could hold their shares for

  an extra week and probably double if not triple their profits ,but

  unfortunately that will not going to happen on the NZSE as the market being

  small   ...Bunnies Rule  >>>>>OK BUNNIES RULES>>>>>>>> See a Problem run a

  mile    See a gold mine  ..can't be true run a mile...

"I Trade therefore I am"
Zen Trader philosophy

Roy