Month: October 2002

  • Sell 6298 ALZ @ 1.35

    I love it when a plan comes together. 😀 ALZ may well move back up over 1.40 and I’ve left money on the table. But nobody ever went broke taking a profit. This may well be the bottom of the market but I don’t think so. The Dow and NASDAQ both ended down overnight. The…

  • Housing Boom

    I don’t know what the immediate future of the Sydney (and other Oz capitals) property market is. Will it continue to boom? Historically low interest rates, poor stock market performance and the need to increase suburban densities suggest business as usual. Superannuation and commercial/industrial property funds are adding asset allocation pressure as well. The counter…

  • Buy 6298 ALZ @ 1.31

    ALZ has come off 15 cents (10.27%) over the last month. There has been some negative research on it. However they pay nice quarterly dividends, so holding at this point is ok if this trade doesn’t go anywhere. ALZ hasn’t announced the next quarterly dividend yet. My sell point is 1.35 for a 3% gain.…

  • Avoiding mistakes?

    I suffer from analysis paralysis — a delusion that if I get enough data and study it enough, I can remove risk from an investment. To deal with this shortcoming I talk to myself. More than normal ;). I remind myself that Mark Twain has an answer for every occasion. In this instance he said…

  • A new look

    As some of you know, my site is not about community building. Go visit the Somersoft Forum or chat room to meet some wonderful people. I also like the Freestyler Network for meeting like minded people in the real world. This site is more a journal or diary. A stream of consciousness philosophy if you…