Forum Archive Index - March 2002

["Peter" <pmaiden@today.com.au>]

Good stuff Phaedrus. The movement in prices of THL probably makes 
this one of your favourrite stocks - as long as you not holding on 
the day earnings announcemets are made irrespective of any 
indicators.  

Jim has his fundamental analysis and Phaedrus has shown the THL chart 
and said it is a good trading stock.

Doesn't all this show that basically sentiment and related factors 
drive the market. Most wouldn't touch THL with a barge pole on its 
current performance.

However while it exists there is hope of improved performance and 
while there is hope the price will probably move up over the short 
term. When another release is forthcoming, say in six months, the 
situation will be reviewed by all the interested parties.

The price will go up or down depending on the sentiment at the time.

Visualising the next three years and a dramatic turnaround in THL. 
Those who retain or buy because 'fundamentally' THL is fairly priced 
at the moment in light of future prospects could see their investment 
treble.

Others like Phaedrus will watch the line on a chart go up and down 
and although not in the market for the whole duration will also do 
very well - probably more than trebling his investment.

Everybody to their own thing. 

Cheers

Peter
  

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