Forum Archive Index - January 2001

[Derek <dkw@paradise.net.nz>]

Hi Nick,

>From the title of your email it looks like
that we have truly entered the computer age.

But about the ABN Amro guy, it just shows that 
even the experts get it wrong. It seems
that Mr Stewart got a bit over-confident. 
Seems to me that picking price movements on a
day-to-day basis is a very risky business.

Last year I had a go at it for a while on the
NZSE...to my cost.

Derek


>Hiya all
>
>From Saturdays Herald - business section.
>
>"...Fletcher Building has also run higher, but off a low base after
>being hammered last year...[r]ecent gains have been on the back of a
>more promising interest rate outlook - which should generate more
>business... Mr Stewart (EXECUTIVE BROKER from ABN Amro!!!!) says HE
>WOULD BE SURPRISED IF BUILDING CONTINUED ITS RUN AGAIN ON MONDAY">
>
>I wonder if he was 'surprised' today?
>
>If not, then at least embarrassed.
>
>Do the job yourself.  That is why I use Access thru the internet
>account.  Wouldn't pay them for their surprises!  RAther find them out
>myself.
>
>Cheers
>
>NK
>


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