Forum Archive Index - November 2001

[nickk@quicksilver.net.nz]

i was waiting for that hugh!

NK

hugh webber writes:

> give it a rest mate, I'm happily making money using real analysis instead of 
>reading chicken
> entrails.
> I've done Pure Maths 2 and Econometrics and Advanced Stats 3 amongst other 
>stuff
> and I can tell you the mumbo jumbo
> passing itself off as "Technical Analysis" didn't even rate a mention. Nor 
>does it with Warren
> Buffett.
> As I've now completed my
> buying program for a while I guess I don't need to keep my head down so much.
> 
> Actually I'm rather amazed at the complete lack of any analysis of property 
>companies.
> Here we have companies in NZ with gross dividend yields of over 10% that are 
>sustainable,
> we have interest rates that have been monotonically declining for over a year 
>- and interest
> rates have a double effect on property companies (a) they decrease by far 
>their largest cost
> (b) they mean that people who invest in fixed interest securities that mature 
>suddenly have
> to find somewhere else to invest if they want to maintain their income.
> I'm not going to disclose which ones I've invested in.
> I was amused to see the Sunday Star Times a couple of weeks ago had a little 
>commentary
> in small black type that was rather hard to read under its funds section 
>saying that Armstrong
> Jones NZ Ppty Fund was outperforming all others and how it operated.
> Tres drole - why not do it oneself, pick the best ones, avoid the management 
>fees, entry fees,
> exit fees and do even better.
> 
> I will say I didn't invest in TT - but I'm tempted to buy a small stake to 
>see when or if they come
> right.
> No dividend but NTA something like 3 times their price. Even with a load of 
>clowns in the
> management
> seat they should be able to sort themselves out eventually and bingo they 
>should take off at that
> point.
> There, that's not ramping under whatever the new rules are as I don't own any.
> 
> I'll see you in passing as I run to the bank.
> 
> cheers,
> Hugh 
> 
> ----------
> > From: Sam and Jerry <samjer@xtra.co.nz>
> > To: sharechat@sharechat.co.nz
> > Subject: Re: [sharechat] GPG Sell
> > Date: Thursday, 15 November 2001 23:09
> > 
> > Please don't desist!
> > 
> > I've learned soooo much about the behaviour of the markets through your 
>charts and your analysis
> of them!  And judging from the lack of abuse, lately,  toward technical 
>analysis, and your ideas, I
> suspect you've even won over the Fundies (fundamentalists).
> > 
> > The Other Jerry
> > 
> > 
> > 
> > 
> > Phaedrus wrote:
> > 
> > >  GPG closed below its trendline today. Anyone using trendline breaks to 
>trade this stock would
> have bought at 147 and sold at 157, giving a 6% profit in 7 weeks.
> > >  I realise that these posts are becoming repetitive, and apologise for 
>that. I am closing out
> trades on stocks that I have posted buy signals on. Still to go are THL AIA 
>NPX SOE and WHS. At
> that point I will desist, because if this amount of evidence does not 
>convince doubters of the
> worth of technical analysis and charts, then nothing will.
> > >                      Phaedrus.
> > >
> > > _____________________________________________________________
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> > >
> > >   ------------------------------------------------------------------------
> > >               Name: Gpg.gif
> > >    Gpg.gif    Type: GIF Image (image/gif)
> > >           Encoding: base64
> > 
> > 
> > 
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