Forum Archive Index - September 2000

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Re: [sharechat] contact energy

From:	Roy <baldman@internet-auditor.com>
Date:	Fri, 15 Sep 2000 10:07:04 +1200

You say that the buyback strategy is not working?

I guess it depends on your point of view......

As I have said before. The buyback lessens falls and accelerates the rises.

IT DOES NOT MAKE THE MARKET!!!!

(Remember their strategy is to buy at or below the average price of the day).

If you look at the daily purchases since the begining you will be able to confirm the above.

What CEN are doing is totally within the ZEN philosophy.

You can't fight the market.....or push s..t uphill.

Otherwise I generally agree with your comments

"I Trade therefore I am"
Zen Trader philosophy

Roy

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