Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: trilobyte who wrote (901)	10/27/1998 7:06:00 PM
From: Wizzer	Read Replies (2) of 4467

Trilobyte: There is also another factor if you wish to consider, and that is what direction the market in general is going in. CNBC will show an S&P futures index much before open. Usually, a 6-7 point change in the future translates into about 100 points on the DOW. These are overnight "fear/hope" indicators, and can help in the decision making process. Many times this will also affect the opening of the TSE as well, but sometimes it does not. This helps one determine whether the whole market is going down or not. Of course, certain stocks often "beat the market", however, it is something to be considered also. Best of luck. Regards, Wisam

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