PE> two questions:
PE> 1. Is the sharemarket "generally rising" now?
RS> Who knows.
Do you think you will ever say "yes"?
PE> 2. You said something about buying mining stocks based on their
PE> expected performance. You did a geological survey of the ground
PE> owned by the company you were about to buy into or what?
RS> That aint the only way to form an opinion on their expected
RS> performance. Particularly when considering the alternative of
RS> closing your eyes and sticking a pin into a list or something.
That is a very interesting commentary. For a moment I thought
that was exactly what I had done, stuck a pin in a list.
However, on further thought, to date I have:
1. Used info supplied by Frank on "undervalued mining companies".
2. Used statistical analysis to move in at what I thought was
the near-bottom, although realising I will NEVER pick the exact
bottom.
3. Used my own theory, that the market ALWAYS has it wrong.
This has given me mixed success, but mostly success, especially
if you disclude half of my entry into SBR, which was
unintentional thanks to a stupid bloody rights issue which I
didn't allow for.
So can you briefly (1 sentence will do for now) outline the
top 3 methods you used in preferance to sticking a pin in a
list?
BFN. Paul.
@EOT:
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* Origin: X (3:711/934.9)
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