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RE: [sharechat] whs & wri


From: "Wedde, John" <John.Wedde@weltec.ac.nz>
Date: Fri, 2 Nov 2001 13:55:40 +1300


I havn't looked but would be prepared to bet there is really no connection
apart from general movement of the market. Compare the graph for the NZSE 40
and I'm sure you will see a similar correlation. Notice the big drop around
mid september. Most charts will show this. It's suprising how "in synch"
most stocks actually move.
Cheers,
John 

-----Original Message-----
From: Peter Robertson [mailto:p.robertson@clear.net.nz]
Sent: Friday, 2 November 2001 13:47
To: sharechat@sharechat.co.nz
Subject: [sharechat] whs & wri


Has anyone noticed the similar trend in 3-monthly chart WHS vs WRI. WRI
seems to have stalled this morning, but I think that this is temporary.
Anyone have any opinions???
  <http://stockwatch.nzherald.co.nz/Cache/100_353_03Aug2001_350_1.png> 


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