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[sharechat] REPLY TO SOARER2".


From: "Duncan MacGregor" <d-m_macgregor@xtra.co.nz>
Date: Fri, 7 Feb 2003 20:30:17 +1300 (New Zealand Daylight Time)


It is only a matter of time before mr market turns about and rushes off in another direction.  Panic run to this turn to that if you are fool enough you will join in.  If you do the exact opposite you will catch him on the way back. without going into individual companies buy shares in good solid profit earning companies and sell to mr market on the way back.   I have a scotty dog that chases rabbits she gets so excited she trips up and fires off in a differant direction chasing the bunnies.  Mr market is like my dog very excitable and not mutch up top.      Dont under estimate
mr markets stupidity.   It works the opposite way sometimes.   Example  In Australia late sixties Poisiden shares started at 50cents at 15 dollars I thought thats it.  would you believe mr market went up to 235 dollars then dropped back to about 5 dollars.  The greedies were all caught out the same will happen with gold here. the point I am making is buy big when things are bad sell when things are good.   we will have a war  mr market will sell up and buy back later have faith in your self take him down for the mug that he is.
                                                       CHEERS   MACDUNK
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