Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (19522)	2/23/2000 8:58:00 PM
From: Cheeky Kid	Read Replies (1) of 63513

Last year, junior stocks in Canada could not go much lower than they did, how's 95% off the highs? Most of the mining plays got wacked, and lots are still in the toilet. Lots of other companies not related to mining, just trading on the same exchanges got taken out in the bear as well. So if a bear hit the entire market, those stocks were so low, it didn't matter. The Canadian market is rebounding. The TSE 300 is in record territory. Even if a bear hits, there will still be sectors that will go. There are too many people in the market now-a-days. If tech stocks get wacked, then another sector, mining could take off like it did in Canada in 96. In 1996, the junior mining companies were just like the tech stocks today. Doubling and tripling in a matter of days. We live in crazy times. I think we are going to see sector rotations on a daily basis <g>

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