Forum Archive Index - January 2001

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

Hello Mike
i really liked the lesson "don't try to catch a falling knife".  i did that 
with thl, cah, tel (last effort in november at $5.64) and flb.  never 
again.

you mention liking the look of aia, cah, skc, flb, pfi, wam, air, tel, and 
ffs in 2001. i hold most of these but, as a bundle, they owe me heaps -- 
eg, airva  at  -23%, ffs -55%, tel -33%.

they seem like good stocks if they can be bought at current prices.  but, 
do they seem like equally good stocks to HOLD?  i suspect the answer is 
"not if you expect a good return during 2001".  with non-imputed divs, no 
divs, and miserable divs respectively, i'm not too impressed with holding 
for years.

i like the 'beat the broker' idea. i'm wondering if i can set up some sort 
of a system so that my puppy can have a go too - p'raps if i wrapped a dog 
biscuit in each of the broker picks ...
Happy New Year, Jefley


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