Forum Archive Index - January 2001

["Rick Nelson" <rick@signalgroup.co.nz>]

Peter, a good lift today with SKY but on very light volume and lots of individual trades.

 

I may pick up a few on a rebound.

 

Perhaps you should put the fundamentals to one side more often!

 

Rick

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Peter Maiden
Sent: Tuesday, 9 January 2001 06:36
To: sharechat@sharechat.co.nz
Subject: Re: RE: RE: [sharechat] SKY TV

Rick - thanks for those view on the SKY chart.

 

After looking at many charts over the years this is one that seems to be supported by some form of "logical technical analysis"  - if such a thing.

 

For the first time  I recently made an investment based solely on a chart (not the house) when I bought some SKY at 275. The chart says will go higher and will have future peaks at about the levels you mentioned.

 

In this case stuff the fundamentals and other principles and disciplines I keep to.

 

Let's see what happens - always need to try something new (innovative etc) in these days if you want increasing returns.

 

Thanks

 

Peter