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Re: [sharechat] Quick competition- how far dow fall today?


From: nickk@quicksilver.net.nz
Date: Wed, 26 Jun 2002 11:55:12 GMT



Had a snigger here hugh at the aql/itc comment...where is savoy equities
when you need it!!

WHO KNOWS.....maybe the $$ will flow our way and the NZSE might soar as an
economy that is in good shape.......so far...

btw...vote green and send nz to the compost heap

nk

hugh webber writes:

> I reckon Brazil by 2-1 again. Also the cane toads to win
> the SoO.
> 
> The Sky Channel CNBC was predicting the DOW would
> fall 250 tomorrow. Korea fell over 7%, European markets
> fell between 2.5% and 3.5% so that's somewhere between
> 250 and 750 tomorrow.
> 
> Since WorldCom was No 2 telecom in the US expect 
> Telecom NZ to get some more backwash. 
> As usual the good NZSE shares weren't much affected
> and NZ sharemarket fundamentals are much better than the US.
> It will probably take a bad poll or two and/or a bad election
> result to provide good buying on the NZSE.
> 
> People aren't so quick to hop on a how much will the DOW 
> crash tomorrow, compared to how much will Aquaria/ITC go up
> in the next year ;-)
> 
> Worst news is Cullen running political interference on our 
> independent Central Bank.
> Time for the ref (the electorate) to blow a penalty on Cullen.
> Give Cullen enough time and we'll do an Argentina.
> 
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