Forum Archive Index - February 2002

["andrew cottingham" <arco@adinfinitum.co.nz>]

Adam
I will post a chart, pls tell me the exact date you bought PHY ?
 This is one I was watching myself and I will explain the reasons for not
buying.

Andrew

----- Original Message -----
From: Adam Rands <adam@iguana2.com>
To: <sharechat@sharechat.co.nz>
Sent: Friday, February 22, 2002 6:42 PM
Subject: [sharechat] Pacific Hydro - technical question


> Phaedrus/Andrew/Others
>
> I recently bought into Pacific Hydro (ASX:PHY) @ 4.11 based on
> fundamentals,  management, good growth prospects and that it was a ethical
> investment (i started feeling guilty about making some good gains on Ebet
> recently :P)
>
> Over the last few days the share price has retracted quickly to close @
> 3.70 today (down 10% in the space of a week)
>
> What tell tale technical signals were present a week ago that could of
> provided me with a better understanding on when I should of entered the
market.
>
> Chart attached
>
> Adam
>
>


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