Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: seismic_guru who wrote (45678)	11/28/2000 5:40:43 PM
From: Shack	Read Replies (1) of 62347

Glad to hear the trading is going well s.g. I'm still around but have been posting over on mirc, I will try to post over here as well from now on...gonna need another monitor. Agreed on everything said here. Even if this is just a valuation correction (whatever that means) and not a long-term bear market, the techs still need to blow off a lot more. I keep running into people who tell me "Yeah but Nortel is such a great company...it'll come back" These people are gonna get hurt because they are unable to distinguish between a good company and a good stock. Slower growth or no growth is here for a while. Remember, CSCO has inventory problems for a reason. I am long gold and tech puts right now. Trading like a fiend for good profits on both sides. Best thing I ever did was liquidate my RRSP a few weeks ago. Speaking of CSCO, been watching the trading here and have noticed that it is being propped up while everything else tanks. Pretty easy to hold up the Nasdaq if CSCO is supported. Gives the big money a chance to sell off the pawns, bishops and rooks while the King stands strong. Watch the breadth, tells it all. GE is doing the same thing over on the NYSE. Eventually the king will topple and then its....Checkmate. (Christ, I can't believe I wrote that...the most overly dramatic crap i've ever posted....sorry folks.) Cheers all Shack

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