Forum Archive Index - June 2002

[Jefley Aitken <jefley@xtra.co.nz>]

Yes, thanks Nick K, you made me do some serious thinking.  As a result I 
stuck to my rules about limiting losses and did some selling but, i expect, 
not enough.  -- and i didn't take up any vertex!

I seem to remember someone (phaedrus?) posting that the dow was looking 
very toppish well before september, and that he cashed up before then.

does a widespread (global) slither make a mockery of individual stock 
charts?

I still have fbu and tel that are sliding around, and in a ranging market I 
would hold both until either my stop-loss, or strong chart signals yell 
sell.
but as i see hell in a hand-basket coming closer,  i'm wondering if there 
is a new set of rules-of-thumb.

Snoopy, i can imagine that you would say if the fundamentals were ok when i 
bought, and they have not changed, then i should hold, but i'm not really a 
long-term investor and i get very unhappy when my capital appears to erode.

what can charts tell the "company-pickers-but-TA timing" bunnies in these 
conditions?
regards, jefley.

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