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Re: [sharechat] TIME TO INVEST BY MACDUNK

From:	"ryanrite" <ryanrite@xtra.co.nz>
Date:	Sun, 16 Mar 2003 20:39:16 +1200

I think there is more down side than up
Wait Wait
The time will come as returns will be better
AR
----- Original Message -----
From: "Allan Potts" <ajp7079@excite.com>
To: <sharechat@sharechat.co.nz>
Sent: Sunday, March 16, 2003 3:11 PM
Subject: RE: [sharechat] TIME TO INVEST BY MACDUNK


>
> Dear Macdunk:
>
> I've always been impressed by the command of the English language by
people from Great Britain, New Zealand and Australia; in most cases.
>
> Macdunk???  You want someone to forecast where the markets will be in the
future.  I'm going to stick my neck out and say that they will be DOWN six
months from now, (from where they are today).  Now you can give me some heat
on that forecast, but I would suggest that you wait until Sept. 16, 2003.
>
> Allan
>
>
>
>
>  --- On Sat 03/15, Duncan MacGregor  d-m_macgregor@xtra.co.nz  wrote:
> From: Duncan MacGregor [mailto: d-m_macgregor@xtra.co.nz]
> To: sharechat@sharechat.co.nz
> Date: Sun, 16 Mar 2003 12:35:04 +1200 (New Zealand Standard Time)
> Subject: [sharechat] TIME TO INVEST BY MACDUNK
>
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>       <DIV> </DIV>
>       <DIV>We live in a time of great opportunity, the market is at rock
bottom
>       or almost there. My portfolio is down a bit but not nearly as
>       bad as the market. Macdunk is buying into essential services POA.
>       AIA. POT. and waiting on PWC to hit rock bottom, to buy into
>       that. We investors need bad times in order to have great times.
>       the big trick is minimizing the losses when the panic sets,
>       in or other words hold your position until your lot climb back to
>       square one. The threat of war is on, people are holding back, the
>       time is now in my opinion to invest. The dollar is to high, which is
>       killing farm related investments we also have the threat of an oil
crisis
>       which it would be foolish to ignore. The companies I am interested
>       in are longer term investments I really don't see the quick buck in
>       anything, the market is dead. Its funny how MR MARKET
>       gets depressed, then will suddenly turn round and run in the
opposite
>       direction so this time I am going to get in stick my money where my
mouth
>       is. the war only panics the people that wont take
>       advantage anyway. My way of thinking is invest into good solid
>       companies, don't clutch at straws and the time is now to invest. I
really
>       don't think it matters what sort of investing system a person has in
times
>       like this, It all boils down to selecting the safe investments and
>       holding on. I expect the market to soar after the first shots
>       are fired ( any day now), and the moment its over to go into bull
>       mode. To all the financiers and advisors that have told us to invest
in
>       lots of companies overseas and everywhere and spread the risk I
thought
>       you were idiots then, and convinced of it now. That is my opinion
and I am
>       big enough to withstand a bit of flak so dont hold back. We still
>       dont have people giving real opinions of tomorrows markets, which
>       disappoints me, thats what its all about in my book, we after all
devise
>       our own buying and selling systems, but in the end its tomorrow that
>       counts.<BR>
>       CHEERS MACDUNK. </DIV>
>       <DIV> </DIV></TD>
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References

RE: [sharechat] TIME TO INVEST BY MACDUNK Allan Potts

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