Forum Archive Index - September 2002

["GO Learn" <paul.gibbard@golearn.co.nz>]

Agreed Nick,

Long Gold, Silver, Oil, Military stocks, gold stocks.

Short USD, George Dubbya AND Saddam.


----- Original Message -----
From: <nickk@quicksilver.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, September 05, 2002 5:54 PM
Subject: [sharechat] Re: US markets vs. local markets (was: Filtering sto


> Yes Nua Yes...........I like it.......some military stocks have had a good
> run for a while now.....i still like gold & silver
>
> nk
>
> Mr Nua writes:
>
> > No, its we who got the wrong end of the stick.
> >
> > Your original post  says "end of day trader".
> >
> > Still the same things hold as far as I am concerned. The lesser
volatility
> > and locality of the AU market makes it far easier to complete analysis
and
> > keep a watch on the shares especially for beginners. Believe me, when
you
> > are starting out less volatility is better than more. There are also a
> > number of places that will offer fundamental filters which you can apply
if
> > you which to use technical strategies on sound companies only.
> >
> > Also if you want to trade the US at present, you had better get familiar
> > with the process of "shorting".   Unless you're investing in Military
> > stocks. :)
> >
> > Nua
> >
> >
> >
> >
> >
> >
> > ----- Original Message -----
> > From: "Holden Glova" <dsafari@paradise.net.nz>
> > To: <sharechat@sharechat.co.nz>
> > Sent: Thursday, September 05, 2002 3:52 PM
> > Subject: Re: [sharechat] Re: US markets vs. local markets (was:
Filtering
> > sto
> >
> >
> > -----BEGIN PGP SIGNED MESSAGE-----
> > Hash: SHA1
> >
> > I must have seriously said the wrong thing - Ooopps! *blushes*
> >
> > I mean an end-of-day trader.
> >
> > On Thu, 05 Sep 2002 15:50, nickk@quicksilver.net.nz wrote:
> >> Hi Holden
> >>
> >> So you want to be a day trader????????????????
> >>
> >> I want to retire at whatever age money allows me to (60?) and day
> >> trade.......at that age I will have had about 45 years stock market
> >> experience yet still won't know what I'm doing........i think starting
off
> >> like that is suicidal.
> >>
> >> Cheers
> >>
> >> Nk
> >>
> >> tennyson@caverock.net.nz writes:
> >> > Hi Holden,
> >> >
> >> >>-- are there any major concerns people have with investing
> >> >>into US markets versus NZ or AU? From glancing over some stocks I
> >> >>have noticed that they tend to have larger high/low ranges for the
> >> >>day but that would be attributed to the increased activity in the
> >> >>market, wouldn't it? Which for a short term end of day trader this
> >> >>would be a more suited market to dabble with, no?
> >> >>
> >> >>Thanks in advance for correcting any false assumptions I may make :)
> >> >
> >> > You know that room in your house that you get to by going through
> >> > the front door?   The really big one with the blue ceiling with the
> >> > big yellow light that moves around at roof level?  Well if you start
> >> > day trading in the US, you may not have time to go in there for a
> >> > while....
> >> >
> >> > Perhaps you might want to read the trading section of the aus.invest
> >> > FAQ
> >> >
> >> > http://www.travismorien.com/FAQ/main.htm
> >> >
> >> > then select 'trading' from the top RH corner.
> >> >
> >> > Here is a short extract to whet your appetite:
> >> >
> >> > ----------------
> >> >
> >> > Trading has a surprising amount in common with combat.  To become a
> >> > veteran you must first survive your first week of battle, and
> >> > casualty statistics tend to show that green troops are far more
> >> > likely to die than veterans. You need to learn trading survival
> >> > before you will learn to profit by it.
> >> >
> >> > I am firmly convinced that most amateurs prefer technical analysis
> >> > because it is easy to use, especially compared with the detailed
> >> > analysis of company accounts and business economics needed to achieve
> >> > good results from fundamental analysis. It takes days or weeks of
> >> > hard work to decide based on a thorough fundamental analysis if a
> >> > stock is worth buying or not, but a chartist can buy based on a quick
> >> > glance at the trend.
> >> >
> >> > Of course professional traders are as far above the amateur
> >> > speculators as the professional investor is above the guy that buys a
> >> > stock just because he thinks the price/earnings ratio is attractive.
> >> > Professional hedge fund managers do not dabble in speculative penny
> >> > stocks drawing funny lines and boxes on a chart, they use advanced
> >> > knowledge of money management and risk management as well as
> >> > sophisticated quantitative techniques. It wasn't my intention to
> >> > produce a FAQ on advanced hedge fund trading techniques, but perhaps
> >> > to produce something that bridges that gap and gives you information
> >> > somewhere in between the chartist and the professional trader.
> >> >
> >> > I have based some of what I have written on talks with traders that I
> >> > know, and they say I'm on the right track. If any reader has material
> >> > to add to this FAQ, or constructive criticism, I'm all ears.
> >> >
> >> >
> >> > ------------------
> >> >
> >> >
> >> > SNOOPY
> >> >
> >> > ---------------------------------
> >> > Message sent by Snoopy
> >> > e-mail  tennyson@caverock.net.nz
> >> > on Pegasus Mail version 2.55
> >> > ----------------------------------
> >> > "Sometimes to see the wood from the trees,
> >> > you have to cut down all the trees."
> >> >
> >> >
> >> >
> >>
>
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> > - --
> > Signed,
> > Holden Glova
> > -----BEGIN PGP SIGNATURE-----
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> > JI+M291KelvTZJRc+nUDWyo=
> > =gxOd
> > -----END PGP SIGNATURE-----
> >
> >
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