Ann: Market Update, page-96

I know from your posts that you are seeking, like Warren Buffett maybe, to buy shares in good profitable
business at a fair price. But I proceed differently, you could say I speculate, as I am mostly in and and of
blue chips, and at times it can be more profitable. Take for example my bread and butter, MQG, it went up
a measly $10 over the year, but the chart, almost like the waves of the Pacific on a nice sandy beach,
moves in big regular, almost predictable ondulations that if you go with the flow you end with a lot more
than the 6% (about) a long term holder would get. A pity CSL isn't as wavy at the moment.

Now, the veracity of the post. Shares are bought by computers but still by people too. By Mums and Dads,
and they trust your CBA, CSL, TLS ... That the human factor you never account for, but which makes the
shares of such companies more valuable than their mere numbers and charts would suggest.

Finally as a trader, I do not like posters talking down companies when I am a holder (once I sold that's okay,
they can waste their whole sundays enlightening the good people on Hot Copper).