Forum Archive Index - August 2002

["andrew cottingham" <arco@adinfinitum.co.nz>]

Good Afternoon Phaedrus
Yes that is certainly another way to look at the situation......Hopefully
most people will have sold around the high point as mentioned in my post
dated 23rd June.

Just to clarify my thinking on the chart I have recently posted .....it is
not a suggestion to buy currently, just to watch and see if the green line
will hold as support. And,  if we see a reversal pattern around this line it
could open up an opportunity.

Again to clarify my personal position. I am not holding the share myself at
the moment, but I am certainly interested in getting back in when I see the
right signal, and I believe there could be a very good profit when that time
comes.
Watching and waiting.
Kind regards
Andrew


----- Original Message -----
From: Phaedrus <Phaedrus@techemail.com>
To: <Sharechat@sharechat.co.nz>
Sent: Sunday, August 11, 2002 3:32 PM
Subject: [sharechat] ASC Chart


> Andrew,
>
>         I see the situation a little differently. The long-term uptrend
has already been broken.
>
>          Regards,
>                     Phaedrus.
>
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