Forum Archive Index - September 2000
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Re: [sharechat] A fresh new day.
Interesting to look at 5 yrs ago. Do you think TEL is at its current yet the
bottom yet - now$6.03 ?
>From: Roy <baldman@internet-auditor.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] A fresh new day.
>Date: Tue, 19 Sep 2000 13:29:30 +1200
>
>
>Scanning thru these chatters posts causes me to consider some points.
>
>1. WNC is a traders stock with a reasonably high element of risk. Those
>having a moan about not deciding who the directors are etc etc , GET OVER
>IT!
> (Good buy point today if you are interested...)
>
>2. Holding shares over 5 years does not mean you will make money. All that
>investment claptrap is done using indexes to prove a point. Bad investment
>decisions are still bad decisions even after 5 years! ( Have just looked
>at a portfolio I managed for a sharegroup 5 years ago.)
>Holdings included
>BRY at 1.30
>CHH at 2.70
>GPG at 1.03
>LNN at 2.86
>OWN 2.06
>POT 1.25
>TEL 5.00
>So on the "investors" theory we should be able to go to the Bahamas on the
>proceeds.
>
>Bah Humbug.
>
>3. Just remember that any investing is a risk analysis business, not a
>sure thing. (Even Governments have defaulted on bonds...)
>
>4.. A few opportunities, for the brave, exist on your trading screen
>TODAY!
> (Don't you just love an adrenalin rush!)
>
>
>
>"I Trade therefore I am"
>Zen Trader philosophy
>
>Roy
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