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Re: [sharechat] GPG


From: "nick" <rathel@xtra.co.nz>
Date: Mon, 17 Dec 2001 06:32:53 +1300


           I must disagree with one aspect of your chart. You say the next
resistance is around 1.68, i think the next resistance is created by the 
downward
gap back in september. Downward gaps traditionally act as resistance in a 
following
uptrend.
      Nick


> Hi Hugh / Nick / any interested members
> I agree there are probably more readers on this sight than posters. However,
> the quality of message is more important than the quantity. Some of the
> other sites are filled with meaningless garbage.
> Thanks Nick for mentioning GPG. For any member without charting software I
> have attached the GPG chart showing the stock from a technical point of
> view. The next resistance is at $1.68 , followed by $1.79. Current break
> from ascending triangle  through the resistance at $1.60 would have been
> considered stronger if it had broken out earlier (75% into the triangle).
> However, it was interesting to see the price held above the resistance on
> Friday on very light volume.(139,155).
> Andrew
> Disc - don't hold GPG.
> 
> 
> 
> 
> ----- Original Message -----
> From: hugh webber <hugh.webber@clear.net.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Sunday, December 16, 2001 8:51 AM
> Subject: Re: [sharechat] Briscoes
> 
> 
> > There's a lot more readers than posters Nick. Better to have a heap of
> intelligent readers than a
> > bevy of momentum investment commentators.
> > GPG is for the long term capital growth value investor who doesn't care
> about dividends.
> > I care about dividends and imputation tax credits so that lets me out. But
> I do have a mate who has
> > put all his investment into GPG so I'll refer it to him.
> >
> > cheers,
> > Hugh
> >
> > ----------
> > > From: nick <rathel@xtra.co.nz>
> > > To: sharechat@sharechat.co.nz
> > > Subject: Re: [sharechat] Briscoes
> > > Date: Friday, 14 December 2001 21:27
> > >
> > >          Im seriously thinking its dead too. Yesterday morning i posted
> > > an appraisal of GPG , it went up during the day yet not one reply
> > > was posted.
> > >    As an experiment i posted the same message on the other channel
> > > and it recieved around 6 or 7 replies. Many other NZ stocks were
> > > discussed there too.
> > >   Dont know what we can do to make this site more popular, i try
> > > and contribute my fair share but not much response to discussion
> > > on stocks,
> > >
> > >  Nick
> > >
> > >
> > > > hi.
> > > >
> > > > this chat site is basically DEAD. today we had the only REAL IPO of
> the
> > > > year, and how many posts did we have on it? not even ONE. pathetic.
> for
> > > > those of you lurking readers out there, why not take the plunge and
> say
> > > > something. or go over to http://www.sharetrader.co.nz where there is
> some
> > > > action, at least. I used to like this site far and away, but its like
> a
> > > > ghost town now. oh well....i will kick something off.
> > > >
> > > > I bought BGR at 1.42 today. can you all believe that $10m got traded
> in that
> > > > stock alone! that is normally about 10% of the average daily NZSE
> turnover.
> > > > there is some interest there, thats for sure. i dont know if it was a
> good
> > > > idea to buy, but what i am hoping is that in the Weekend Herald and
> other
> > > > weekend papers, all the cliched mums and dads will read about how well
> it
> > > > did today, and call their brokers on monday. wishful thinking maybe,
> but
> > > > then again....
> > > >
> > > > cheers
> > > > jared
> > > >
> > > > _________________________________________________________________
> > > > Chat with friends online, try MSN Messenger: http://messenger.msn.com
> > > >
> > > >
> > >
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> > >
> > >
> >
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> 


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