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[sharechat] Next week on the NZSE - mixed signals


From: "winner69 ." <wwinner69@hotmail.com>
Date: Sat, 17 Nov 2001 01:14:07 +0000


Nick - did you really write that letter to Mary? You did - didn't you you 
rascal

However - interesting week on the NZSE next week - plenty of mixed messages.

Nick and his sharechat system suggests the market is over bought and due for 
a fall.

Supported by some basic TA of the NZSE40 as well (eg MACD). In addition the 
NZSE40 heading towards the long term down trend line that started back in 
1997.

The man from ABN AMRO says that the NZ market is now reaching its fully 
valued state and not much puff left in it  (CNBC this morning)

A new moon coming - what does that mean? Supposedly a good time to buy.

Every time the Taliban run away from town adds another 500 points to the 
DOW, irrespective of any othe fundamnetal or technical analysis

Sounds like I should write to Mary and tell her to buy next week at the peak 
of the market before it starts heading down.

Nick - did you really write that letter to Mary? You did - didn't you you 
rascal



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