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[sharechat] Re: Maybe a Way

From:	"Brent Wheeler" <brentw@bwcl.co.nz>
Date:	Thu, 23 Sep 1999 10:02:44 +1200

To Brien's dilemma.  One way is to bank 1/3 once transaction costs and so
are covered by share price rise (then at least gains from there are less
costly [it still costs to get out so they are not free!]), keep another
third in up to what you think is "good pickings" (eg a resitence level or a
target ROI you may have in mind - then bank that, and leave the last third
in for crazy thru the roof stuff should that occur.  The last third gives
you upside but not at a killer price and you have already banked gains.

Maybe a bit a bit conservative but it does bank gains and preserve capital.

Brent

Dr Brent Wheeler
Director
Brent Wheeler & Co. Limited
AUCKLAND


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References

RE: [sharechat] shared confusion Brien C

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