Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: the Chief who wrote (41598)	9/8/2000 1:04:04 PM
From: russet	Read Replies (1) of 62347

Mr Chief seems to have history on his side. Northern Hemisphere vacations slow down sales and manufacturing in July and Aug....companies start giving earnings warnings in Sept, Oct that rattle the market....market makes traditional crash in Sept and/or Oct...anal-ysts start lowing earnings estimates so companies can beat them easily....after the devastation everyone looks around, realizes sales and manufacturing are running properly again....bargain hunters start buying, and the day (week, month) traders jump on and push things to the ceiling as we head into Xmas.....everyone feels so good at Xmas with higher stock prices and good cheer (beer too) that they keep buying in the first quarter using tax refunds, credit cards, mortgages etc., etc......then sober second thoughts hit them in Apr and May along with earnings warnings and credit card max outs....market tanks.... Earnings come out in May and June and aren't as bad as thought because anal-ysts have brought down earnings estimates enough so they are easily beaten(quarterly game they play)....up goes the stock market in Summer rally that ends in August,......then we start above again (ggggggggggggggggggggg).

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