SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Meteor Technologies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Barracuda™ who wrote (1812)7/9/2000 6:05:30 PM
From: marcos  Read Replies (1) of 2127
 
There's a very relevant point made here, imho -
stockhouse.ca

"There is normally a significant delay between individual's willingness to put money into penny/high growth stocks (e.g. CDNX stocks) and their willingness to put money into the larger 'blue chip' growth stocks (e.g. NT, INTC, etc.). We saw the money flow into both sectors drop like a rock in March/April. However in the past 1-2 months there has been a lot of money flowing back into the larger 'blue chip' growth stocks and there has been a fairly good recovery on the NASDAQ/TSE. This should help to calm people's fears and we should start to see money flowing back into the penny/high growth stocks in the near future as long as the NASDAQ keeps on its road to recovery."

If you look at last winter - while the Naz was putting on a thousand points, the cdnx doubled ... and that understated the case for the more powerful charts. Still - it's summer, and there are limits ... it's a matter of being well positioned for September, imho ... i thought about taking profit on mmi on Friday, then remembered how i did that way too early last spring ... new highs coming on this one i think, even if it does go soft for a bit ... that Wally Gross rec is interesting ... and i don't remember JK ever this enthusiastic about anything ... think i'll just hang in, not playing with the rent money anyway ... cheers, all
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News