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International Investing / Australia (All-Ordinaries)


Subject:  Re: Banks & Market Timing Thoughts Date:  3/5/2002  8:18 PM
Author:  Barcoo Number:  3738 of 6186

No not my terminology you got me mixed up with someone else.
How about you ease up on your attitude Barcoo, it don't help anyone acting in such a confrontational way.

Sorry, right bloke, but I got the saying wrong.

No never said ANZ had topped out not even once, let alone 3 times.

No sorry Barcoo I've never shorted ANZ before.
as you can see what I said was "seems like you've been shorting the banks since ANZ was $14." One of those ones where what I say is not what you think I said.

this is the only one I've held short for some time the rest I only shorted yesterday.
Well you've probably made good money on ANZ short already then?

Below link to 2 year chart of ANZ, Barcoo you can see the double top failure clearly(Nov & Feb), thats what I'm shorting.
Yes JR I know what you are talking about. I saw it yesterday before I wrote my original reply. If the ANZ trend stays intact it will look insignificant. Maybe we can both be right. You can make money on your shorts and the ANZ trend can stay intact.
Who knows maybe the price will bounce off $14 and I could make a bundle on $14.50 calls.
Your link didn't work for me.
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