Forum Archive Index - March 2001

["Veronica Ryan" <ryanrite@ihug.co.nz>]

UIL I see interim Report today ??
I see they may have liquidated TBI 50% of assets
What do you think???????
----- Original Message -----
From: Roy <baldman@internet-auditor.com>
To: <sharechat@sharechat.co.nz>
Sent: Friday, March 02, 2001 8:38 AM
Subject: Re: Re: [sharechat] wrightsons


> have a look at UIL maybe you can explain the big jump today
>   malcolm
>
> Sorry Malcolm but IMHO the art of trading has nothing to do with
explaining
> one of price movements. Especially in a relatively low volume, low profile
> stock.
>
> Wrightson is currently profile (due to the upturn in the rural sector)
> has reasonably high liquidity and waxes and wanes with large numbers of
> investors reacting to any significant news (or perceived news).
>
> The trading art is to get into the oversells and sell on the hypes! :-)
on
> stocks that you (the trader) are following.
> Trying to work out what caused the bumps in ALL stocks is a time consuming
> non profit making pain in the ?*&^%$! exercise.
>
> For trading, pick a few stocks to follow and hang on for the ride!
>
>
>
> "I Trade therefore I am"
> Zen Trader philosophy
>
> Roy
>
>
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