Forum Archive Index - March 2002

[hugh webber <hugh.webber@clear.net.nz>]

huh? but if GPG's profits are only the result of a series of one-off deals then 
charting has
nothing useful at all to offer on it.

----------
> From: tennyson@caverock.net.nz
> To: sharechat@sharechat.co.nz
> Subject: Re: [sharechat] INL advice
> Date: Monday, 25 March 2002 5:17
> 
> Hi enrique,
> >
> >
> >Yeah sure Phaedrus, if I had listened to your advice re GPG last
> >November and and sold out at $1.57, I would have missed out on 
> >reaping another 17% added value to them (last trading at $1.84).  My 
> >advice to INL and and all other investors is to do your own research 
> >and if a company's fundamentals and long-term growth look good, 
> >don't worry about the little blips along the way.
> >
> >
> If you look again at what Phaedrus said you will see that he said 
> that INL was still in a long term uptrend and long term investors 
> might disregard the medium term sell signal.  In other words his own 
> advice is to ignore the blip, - so he agrees with you. 
> 
> As regards GPG, it has no fundamentals.  The GPG profit you see is as 
> a result of a series of one off deals which will not necessarily 
> correlate at all with what happens in subsequent years.  This being 
> so, I would say that charting may be an entirely appropriate to get a 
> wider understanding of where the market thinks GPG is going. SNOOPY
> 
> 
> 
> ---------------------------------
> Message sent by Snoopy 
> e-mail  tennyson@caverock.net.nz
> on Pegasus Mail version 2.55
> ----------------------------------
> "You can tell me I'm wrong twice, 
> but that still only makes me wrong once."
> 
> ----------------------------------------------------------------------------
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/

----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/