Winter in the Great White North Message Board

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Strategies & Market Trends : Winter in the Great White North

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To: ralfph who wrote (3876)	1/2/2003 3:49:29 PM
From: marcos	Read Replies (2) of 8273

This is meaningless, the first day ... last year was the same, was it not ... in the US the taxman uses trade date and not settlement date, so for US nationals this is the first day of 2003, while for us it was last friday ... no doubt that's a factor, also there can often be irrational ebullience following a holiday ... total enduring significance equals zero .... there could come some ramp in the non-golds, but it would be limited i think, and not break the trend ... too early yet One thing that happens in the juniors, is people put in GTC orders to month-end, then the next day can be wild as many haven't renewed them yet ... depth can get really thin, one way or the other, or both

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