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International Investing / Australia (All-Ordinaries)


Subject:  Re: Far Date:  4/25/2001  8:09 AM
Author:  Barcoo Number:  2252 of 6186

Sorry Jono
FAR wasn't me, unless I'm having a memory lapse.
Had a look at the chart, fair bit of volatility, may be one to trade the bounces (with tight stops as you say).
Could get 10 to 20% in a couple of days but need nerves of steel to play that game. Especially the way I tried it.
Tried it a few years ago with WMC options, with the shares bouncing about $4.50 to $5.50. Did alright for a while but was about to lose 99% of my stake when the gold price jumped about $35 in about 3 days to save my skin on the death knell. Came out about even.
Decided to leave those games alone until I had more experience and knowledge, still not up to where I think I can do it comfortably.
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