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I find this interesting following this but I find
myself holding shares that had already fallen before i was awear of what had
happened, like they just where looking so good one day and the next so bad and
that is my problem sell or hold. Keep the good work up. Where do you see or
purchase this information on tech?
Athol
----- Original Message -----
Sent: Friday, May 25, 2001 11:34 AM
Subject: [sharechat] Frucor
Talk about fiddling while Rome burns! Here we have a
stock in freefall and you guys are arguing over P/E ratios, market
share, earnings, relative merits of various softdrinks, etc ad nauseum.
Use of a basic trendline would have got you out at $2.20 or better,
saving the 30% (so far) fall from that point. Many of you seem to have
committed the cardinal sin of falling in love with a stock, and are
committed to its defence no matter what. Some even talk of buying
more!
I have added a new trendline to the chart of yesterday. If you
insist on buying, at least wait until the current downtrend is over, and
prices climb above this line.
I suspect I am wasting my time here,
though. My previous post (beautifully illustrated!) failed to engender a
single response.
Phaedrus.
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