Forum Archive Index - October 2000

[Jefley Aitken <jefley@xtra.co.nz>]

-----Original Message-----
From:   Jefley Aitken [SMTP:jefley@xtra.co.nz]
Sent:   Wednesday, 11 October 2000 20:23
To:     sharechat@sharechat.co.nz
Subject:        ffs and cah

hello sharechat
i've been a non-contributing but appreciative sharechat reader for several 
weeks -- and judging by my current portfolio, a market goof of quantifiable 
proportions.  however, i'd be a great deal goofier without my patient and 
good-humoured broker ...

i asked him today about averaging down on ffs, and suggested that maybe cah 
would swoop cos they've apprently got money in the bank.  my broker said a 
quick no to cah being the swooper, and a slower no about the worthiness of 
picking up more ffs at 43c.  he reckons they could go lower for 
bad-tempered reasons, if not financial reasons.

we did decide that averaging down on thl and wam were good moves, however.
how long does october last?
jeja

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