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 (48146)	3/1/2001 4:47:18 PM
From: Shaw	Read Replies (1) of 62347

Concerned because the rally was sector rotational as drugs took the hit when the SOX started to fly. But, I guess we have to start somewhere. However, it seemed to have a little more follow thru than past head fakes, imo. So much so I almost picked off some IFM for an 'overnighter' (the word hasn't been in my vocabulary in a month). Also, a completely bearish friend bought calls at 3:45 and of course master bear bigbuk went long NT yesterday <vbg>. Been discussing with an associate the IBM rumour. I am convinced that it can possibly be true. Profit forecasts by tech companies (internally) have been so off the mark lately. They don't know what the hell the economy for their products is, imo. They could be wrong on their huge downside revisions, just like they were on the upside in October. Add to the fact that all techs want to beat the street big time next quarter (and have probably been xtra conservative in their calender Q1 projections) and we may have a ripe rally environment. All mo, and usually wrong <g>.

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