value comparison, page-44

I shall elaborate Reichman.

I ventured into shares mid 2009. Held into new year of 2010. Sad running to lows of 2010....Mid year.

Learnt enough to know shares bottomed in mid 2010. Ploughed some cash into CFE. Learnt from a legend Phaedrus (Sharetrader) to cut your losers and run with your winners.
So I cut 3 losers and run with CFE and PEN.

Early 2011....Cut PEN and CFE....Good exit..........

Dumb mistake.....Brought back in with all available cash using daily indicators on PEN........Dont call me stupid names....I should have used weekly indicators........I have since learnt the errors of my ways.......Saw bottom late last year.....Saw earlier in year that this rally is short lived......Sold half my holdings in anticipation of buying back late in year.....I have a dilemma in NZ as the IRD tax individuals depending on reasoning for purchase. Would be better if we were similar to you Aussies and 12 months we had finite rules.

So Reichman........Late year is my anticipated repurchase expectation.