Hi all,
I read this forum looking for tips and knowledge but I am certainly
contributing to those of you who are up because I am down by about 60% since
I started trading in 1999.
I got in on the tail end of the tech boom and was too greedy to sell just
before it turned south forever.
ITC, Newcall, AQL, SPE, CGB, .
Lesser dogs TEL, CAH, THL, WHS
Recently I did the "gut feel" and bought TRH @ 99 when the govt offered to
prop them up. My reasoning was that there was a "national interest" here and
that the price might have oversold. No such thing, yet. I think Toll will
take them over, replace the management and make money and the price will go
up beyond 150.
Yet I still believe I will get it right eventually and make up the loss.
I am looking hard to "learn how to fish" from this forum and will welcome
any tips.
I hold CAH, TEL, WHS, all bought way above current prices.
Tonyd
Auckland
tony@ltdrisk.com
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