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Gold/Mining/Energy : Position Trading in Canada

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To: Vitalsigns who wrote (1757)	10/21/1999 9:12:00 PM
From: Ward Nicholson	Read Replies (1) of 2259

Check this out: If one doesn't feel that we have the the potential for a massive internet meltdown, just take a long look at this chart comparing RCA in 1929 and AOL in 1999. members.bellatlantic.net THAT is one scary comparison. This market is trading in circles. I'm 100% cash (at least by the end of the day) because I firmly believe that this is one of the most dangerous markets I've ever seen. The biggest irony seems to be that the safest way to trade this market is via strict day-trading - all positions closed at the end of the day. Yet, you damn well know that the "professionals" out there will blame daytraders for a market collapse. Just my $0.02. WN

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