Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Lola who wrote (35244)	4/16/2000 2:55:00 AM
From: Andrew	Read Replies (2) of 62347

I think it will take a bit longer than a week. Take a look at the NAZ weekly chart and check out the correction we had in July to OCT 98, It took 3 months for that one to unravel itself before the uptrend continued. The difference this time is that Greenspam has been jacking up rates and the concensus on the street is 50 basis points in MAY. It could take even longer this time but who really knows how long. All I know is that it will take longer than a week and probably several months before I will shift my focus to going long on anything. Everytime I see a Softy on an intraday chart I will go short <GGGG>

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