SNOOPY dont get me wrong I am not being critical I follow your posts
and have learned heaps from them. However your wri stance is
completely wrong. If a sector goes down as is the farming one,
then the best position to be is completely out of it regardless of
yeild, which must change to suit the new position. To hold a share to
stand still is as dumb as it is to stick it under the
mattress. If you know in advance it will drop. Regardless of
what we might think a share is worth, the bottom line is sell and get back
in later. If however you have to much money, then leave it
where it is until it comes right which this particular share will do.
We must all be differant otherwise what a dull world it would
be. The farmers wont buy anything other than the bare essentials as
long as the dollar is as high. Conclussion wait for the next time
get out before it drops again discl ex wri share holder will be
again
cheers macdunk. |