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From: | oli@vodafone.net.nz |
Date: | Sat, 9 Sep 2000 00:19:11 +1200 |
Hi Brian, sorry I didn't reply sooner - I missed your post. Must say I disagree - as Graeme pointed out, it's the buyers who are in the position to take advantage. When buyers rule, price faces downward pressure. When sellers rule, price is going UP, as the sellers can dictate the price they're willing to depart their investment, and if they have excess reserves, they can hold out! Incidentally, I just want to go on a holiday, so am liquidating to pay for it. Jeez this dollar problem and our lacklustre market makes holidays expensive! My solace lies in the fact that when the shares spike shortly after I sell I'll be basking in blissful ignorance on the beach at Copacabana... ;) Thanks, Steve - I forgot who posted the initial info. Your disclaimer is well noted - but I do hope "sometimes" means at least one or two out of six... ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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