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Re: [sharechat] a funny feeling...

From:	"Graeme & Jill Christie" <bayvu@ihug.co.nz>
Date:	Thu, 7 Sep 2000 11:01:06 +1200

O.K. I'll bite Brian.If you're short of cash, and have to sell, Buyers rule the day. They don't have to buy..... Cheers Graeme

-----Original Message-----
From: Brian Gale <brigale@i4free.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Thursday, 7 September 2000 10:46
Subject: Re: [sharechat] a funny feeling...

At 22:47 06-09-00 +1200, you wrote:

BUT WAIT, THERE'S MORE: The one other factor going for these companies is that
I hold a couple of them and have to sell very very soon to get some cash. Undoubtedly
a sustained rise will follow shortly after I sell....

And isn't this a major factor which drives the market down ? All investors are faced with this problem, including the institutions who have to repay cash to their clients. Often the timing is critical so it is not always possible to get the best price. Sellers rule the day.

Can we debate this one ?
BG

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