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  1. 01-12-2007, 02:26 AM #661
    p2r
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    I heard someone on the radio say something about funds have been selling - rebalancing portfolios but now it is 1 Nov it is differant. Same for the two fisher & paykell stocks.

    Note big volume.
    Make NZ good and great, God defend NZ.
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  2. 01-12-2007, 05:20 PM #662
    Dr_Who
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    My broker tells me it is just indexing which finished end of Nov.
    Last edited by Dr_Who; 01-12-2007 at 05:29 PM.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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  3. 01-12-2007, 06:15 PM #663
    macduffy
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    Quote Originally Posted by k1w1 View Post
    Any one know why the price shot up today ?
    Because someone thinks it's got too cheap?
    Hope they're right!

    Disc: Hold VCT but wish I didn't.
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  4. 01-12-2007, 07:12 PM #664
    AMR
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    Also a large rally in RYM and FPH, all three stocks have very heavy market depth on the buy side and a number of undisclosed limit orders. Does anyone trade these movements?
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.
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  5. 02-12-2007, 06:47 AM #665
    k1w1
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    Quote Originally Posted by Dr_Who View Post
    My broker tells me it is just indexing which finished end of Nov.
    At the risk of appearing stupid could someone explain what "just indexing" is and how often brokers do it. Especially why having sold at the end of November they appear to all be buying again at the start of December.
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  6. 02-12-2007, 07:18 AM #666
    duncan macgregor
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    Quote Originally Posted by k1w1 View Post
    At the risk of appearing stupid could someone explain what "just indexing" is and how often brokers do it. Especially why having sold at the end of November they appear to all be buying again at the start of December.
    KIWI my old mate its what is called cooking the books. Make it all look better than it really is. Its also an opportunity to make money with a little bit of study to know what will happen before the event. Macdunk
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  7. 02-12-2007, 10:34 AM #667
    Dr_Who
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    Quote Originally Posted by k1w1 View Post
    At the risk of appearing stupid could someone explain what "just indexing" is and how often brokers do it. Especially why having sold at the end of November they appear to all be buying again at the start of December.
    Why do you think I never invest my money with the funds? They all seem to follow eachother like a pack of sheep. One buy the others follow. Just buy with the funds sell and you are sure to make money. The NZ market has no liquidity, so everytime the brokers get a decent order the stock moves up/down 10%.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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  8. 05-12-2007, 03:55 PM #668
    Dr_Who
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    Last chance to get some VCT at these levels.

    disc: VCT shareholder
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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  9. 05-12-2007, 04:23 PM #669
    AMR
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    Yes, a nice double bottom appears to be forming. A close above $2.38 would complete the double bottom. Not sure I'll buy in this economic climate though.
    Last edited by AMR; 05-12-2007 at 04:25 PM.
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.
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  10. 06-12-2007, 06:14 PM #670
    AMR
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    The double bottom completed today, giving a buy signal - however it was on very poor volume.Will need to think long and hard about this...
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.
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