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[sharechat] Trendlines


From: prhughes@value.net.nz
Date: Mon, 2 Dec 2002 21:36:30 +1300


Phaedrus

        Thanks for the info, and for indirectly answering another 
question I mused over, ie the Fisher & paykel stocks. Volatility 
explains all.
I think i came across a kindred spirit of yours the other evening:

Colin Nicholson Jan 2000 speech ATAA Sydney

Australian Share Market Review and Suggested Strategy Year 2000

His Introduction
"This poses a problem for me in that it is my strong belief that 
markets cannot be forecast.Rather they must be traded."

 Today's news:
         SCT 1:8  bonus
        Adj coeff   0.8888

        FFS and FFSPA
        5:1 share consolidation
        Adj coeff  5.0000

Might be useful to someone

Regards

 Bill

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