Forum Archive Index - November 2001

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

Re: [sharechat] NZSE40 looking positive after today's strong run.

From:	"Ian Andrews" <iandrews@ihug.co.nz>
Date:	Wed, 21 Nov 2001 05:29:28 +1300

One swallow does not a spring make. I think it's too early to call a trend reversal; particularly if the NZ market follows down the 1% decline in Wall Street overnight.

A further run up to 2100 on increasing volume would be needed to firmly establish a rally. At the moment, we seem to have more a pause by sellers than a rush of buyers.

Government policy settings have been changing since MMP was introduced in 1996 - & not overall in a pro - business manner. It's little surprise to witness the decline in our market's attractiveness since then.

Messages by Date [	Next by Date:	[sharechat] GPG AND Jpe White maltings nick
	Previous by Date:	Re: [sharechat] Online Charts nick ]
Messages by Thread [	Next by Thread:	[sharechat] Online Charts Phaedrus
	Previous by Thread:	Re: [sharechat] NZSE40 looking positive after today's strong run. Nick Kearney ]
Post to the Forum [	New message	Reply to this message ]