Forum Archive Index - August 2000

["Donald McRae" <donald.mcrae@telecom.co.nz>]

So the best advise is sell your shares and buy a farm!!!! or leave the country 
quick!!!

>>> baldman@internet-auditor.com 08/24/00 03:57 >>>

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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