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Michaelirish

08/22/03 6:53 PM

#8656 RE: andy20020 #8655

Andy thanks.
I respect your opinions. In many cases they are different to mine.
I know you are fair dinkum and have an excellent grasp of TA (something I know nothing about)I like it when you nominate targets for moving day averages etc. I am a mathematician, so I like to read what you say. Your concern is very much for the short term and trying to be scientific about what you say.
I don't like when you attribute 'lies' to various situations.
I must however agree with you that LOOK is a very manipuated stock.
In the past month I have adopted the following strategy:
(1) Mantain a significant holding in LOOK...over a million
(2) Establish a 'trading' holding to profit from the ups and downs while the basic trend is UP I hope
(3) Post Q1 report is when I started this holding of a ferw hundred shares
(4) Since then I have turned that holding over twice at very nice profit.
I work full time in a very satisfying job and don't have the time for trading
GOOD LUCK TO ALL
Your posts and others make this board great.