Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: csm who wrote (47833)	2/17/2001 9:13:05 PM
From: Canuck Dave	Read Replies (2) of 62348

I'm not (making money that is). In fact, I'm on track for my 12th straight losing month. BUT, I anticipated the tech wreck and have been an average of 90% cash for over a year now, so my losses are pretty small. In retrospect, I should have been shorting or buying puts rather than trying to pick out the one winner among 10. It still pisses me off that silver and gold have done nothing during that time, but you can't fight the tape, so don't try. Buy and hold doesn't cut it right now. P/E's are still outrageous. Unless you're prepared to get in and out fast, cash out and stay out. Going to get worse before it gets better, IMO. CD

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