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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: the Chief who wrote (47819)2/17/2001 10:40:06 AM
From: AllansAlias   of 62348
 
Hi D,

I dropped in to get a read on the NT event.

First of all, I sincerely hope that everyone is well and did not get hurt by Mr Roth's deceit.

Second, I see that we still disagree 10 months later about this:

when you daytrade you only care where it is going today....beyond 3 days, and it is an uneeded distraction, it is quite irrelevant, it gets you to form opinion that could interfere with the "trade"

True for a pure daytrade, but you will have to admit that many here and elsewhere were putting things into position or LT baskets on the assumption that the overriding direction was up. I think it does help to have a bias as to wider direction and I think a LT trade is often just a DT gone bad. (I even think it helps when one is only daytrading, as argued by Elder and others more learned and eloquent than I, but this is a lesser point.)

I respect your skill at this and am not trying to start anything. All the best.

--Allan
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