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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Sat, 17 Nov 2001 20:02:22 +1300 |
A good article Peter! Actually, it has been a topic
for some time now. Some won't mention it in case the markets get sick
again. Oops, even that remark could set it off!
Difficult times for a "stockpicker " like me
too! Those lucky "intuitions" used to throw up say
1 selection every two to three months.
And we were looking for some 70% rise in
the share price in the first 12 months.( Arrogant statement? Yes and No
).
I may have to lower my horizon somewhat and go for
40% instead and that at greater risk!
If you really want that rewarding
inspiration, then wine is not suitable; you have to go for gin,
instead!
May go to Aussie early next year and bring my
lucky metal detector with me: trying to find a mining
stock!
If that does't help, a Tibethian prayer roll will
do!
A Stock picker's Prayer:" May the good Lord help me
whenever I am only told half the story".
This is where my highly sensitized dog comes
in. I only have to open the pages of my Annual report in front of him and
he bares his fangs whenever he sees anything, he does'nt like!
Must take him to the Shareholders' meeting; I
trained him how to spot a prospective corrupt Director! The problem is that
he goes further than that!
Gerry
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