Forum Archive Index - May 2002

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi Peter,
 
> 
> Amazing how thinking about how much of the pie you once had or
> should have seems to cloud the issue.
> 
> Looking forward in respect of AUO it will be interesting to see how
> long the price remains above the primary uptrend which started last
> September.
> 
> A longer term chart says there is plenty of life in AUO yet - 
> trending up since mid-2000
> 
>


So what are the institutional traders who got shares in the placement 
going to do Peter?   Clearly their shares can't be in a uptrend since 
 September 2001.  They only got the shares in February 2002 at the 
earliest.  The shares they got didn't even exist before then.

Clearly these new shareholders will be working off a different chart 
and trendlines compared to those who owned shares in AUO in September 
2001.  So how will your advice to those who got the placed shares 
differ?

SNOOPY



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