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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Andrew who wrote (49325)4/11/2001 8:10:21 AM
From: the Chief  Read Replies (3) of 62348
 
More disappointments coming from companies that chose not to warn.

People don't care anymore, the continuous onslaught of "bad news posting on this thread" that the naz was going to 900 that long was wrong proliferated into a "I'll never see a bottom attitude". While most carried on with pending doom others chose to buy over the last two weeks.

All most had to do was look closely at the "dead stocks they professed were going to Zero".
JDU low 22.40 price now 19.00 33% increase
RIM low 24.79 price now 39.50 60%+ increase
INTC low 22.43 price now 27.05 15% increase
DSG low 15.80 price now 24.55 70% increase
MLT low 10.22 price now 12.50 20% increase

Pick a stock of quality and check when it bottomed. The proliferation of NR's quoting some unknown analyst that says the sky is falling is counter productive to daytrading. So is the endless

WAHHHHHOOOOOOO tank baby TANK comments that have now commanded this board. This is why I posted rules on this thread. Rules that suggested no price "Projections" because it influences individuals appreciation of what really is going on in this market.

Its one of the reasons why I no longer bother to post here. Ego stroking is more important than an objective approach to the market conditions at hand. Being short was right for a long period, the proclamations of long is wrong may come back to bite you in the butt. I am not saying we won't have market fluctuations but those that wanted to buy WCOM or others that listened to the sentiment on this board just missed a 60% price appreciation.

So if their is a lesson to be learned...buy a stock, post your in price, post your sell price and leave Doom/Gloom or "Hype and Pump" or guru projections out of the postings.

the Chief
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