Forum Archive Index - June 2002

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

Hi nick

>

>I wasn't going to bother.  I have beaten this drum enough.  Although
>I would have thought selling in the face of world uncertainty is
>very discipined.  Never mind - Snoopy and I will have to agree to
>disagree.
> 
>

Hey that's OK Nick.  I wasn't necessarily trying to covertly 
'convert' you!   There is room for opposite opinions on this forum. 
 Remember for every seller there is a buyer.  The sharemarket 
wouldn't have any liquidity if everyone had the same view.

After I started this exchange I realised I had no specific knowledge 
of what your investments are anyway.   Perhaps you are holding the 
type of shares that I wouldn't hold in the first place.   So 
maybe in saying you will sell all your investments you are just 
making the same decision as I would make given the same 
circumstances.   Our views might be more similar than you think.

There is one point that I would substantially disagree with you on 
though.  I prefer to buy in times of uncertainty, as I feel I am more 
likely to get a bargain that way.  You say sell and I say buy.  I 
guess that what makes a market! 

SNOOPY


 
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