Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: The Devil Dog who wrote (45946)	12/3/2000 9:47:24 PM
From: Shack	of 62348

Hi Wayne, I assume this is all still OT so to continue the discussion on the overall market direction, the one true catalyst of a "sustained" (by this I mean longer than a week)rally would be of course lower rates. However this is not a foregone conclusion if the US $ continues to slide. There will be a need to keep rates up in order to keep gobs of capital from fleeing the states. Kind of a catch-22 since lower rates may actually hurt the markets more than they help except for the brief psychological effect. Keep an eye on that US $ and similarily, keep an eye on Gold as a leading indicator. By the way Gold is up $1 in Asia tonight

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