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[sharechat] Mcdunk and competitions


From: prhughes@value.net.nz
Date: Sun, 2 Mar 2003 13:08:09 +1300


Hi Mcdunk

Which hand would you prefer the left or the right? I always look at 
the chart for entry and exit points, and so do you, otherwise you 
wouldn't have known about PWC......right!

For the competition no point in picking stocks at top of the hill, 
better to have a couple which might muster enough go to start 
climbing before the close.

I reckon PWC has possibilities, someone has to install new lines 
and fix faults. But as you say still going downhill, the chart will tell 
us when it changes.

I couldn't tell you what price a stock will be next week. However the 
NZ stockmarket is very small and a little common sense helps.As 
you know farming stocks are out of favour at present.

A couple of guys on this forum are of the opinion that when the 
missiles start flying.....stocks will fly. To me it defies common 
sense, wait until the price of petrol soars and then we are in trouble.

Bill

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