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[sharechat] reply on trends by macdunk


From: "Duncan MacGregor" <d-m_macgregor@xtra.co.nz>
Date: Sun, 7 Sep 2003 15:27:18 +1200 (New Zealand Standard Time)


Thanks for the replies guys I was hoping someone would come up with what I had In mind.    Allan Potts thinks gold Will be on the rise.     I think It depends on the American economy going bad and who would argue on that.    Morgy has Ideas similar to mine on buying Into trends, where as Snoopy Is the value Investor that Is willing to wait on a share coming good eventually,  even although he suffers a short term drop.     Snoopy probably Is better than most with the homework and I would say his style of Investing has less risk than mine.   Retail as most would agree Is unlikely to trend even although Snoopy was astute enough to buy Into the warehouse at a panic sale and Is sitting on a good short term profit.       Buying Into solid companies when they are at rock bottom In the cycle Is not to risky as Snoopy proved with the warehouse. 
The question I raised Is what next?.      We have massive forests ready to cut and forestry at an all time low.
They must get rid of It overseas so I covered the ports.    The problem I face Is I cant find a timber company that Is not run by Idiots.   Every thing has a price so there has to be a company out there that can get with the play and go for IT.
Anyone out there with a bit of insight into forestry companies.
                      cheers macdunk
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