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[sharechat] So why the doom & gloom?

From:	Roy <baldman@internet-auditor.com>
Date:	Thu, 24 Aug 2000 15:57:24 +1200

I find it interesting that the media is trumpeting the end of the world again as the KIWI dollar "drops" to its all time low.......One could say that the US $ has risen to its alltime high?!!

I know we would all like to see articles like the Aussie

http://www.ozestock.com.au/News.asp?Action=ShowArticle&ArticleID=52526

that records that market as at record levels.

Rather than looking at costs of imports, petrol etc shouldn't we be looking at the much higher income from exports. I understand that the drop in overnight exchange rate meant another $100 million in farmers pockets!!!

As investors I guess that Farm related companies and exporters should be "in the money".

Apparently others are struck with gloom as I see Wrightsons price drop today while Affco only just held its ground.

Heh ho another trading opportunity :) :)

"I Trade therefore I am"
Zen Trader philosophy

Roy

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