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Gold/Mining/Energy : Day trading in Canada

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To: keith massey who wrote (2512)3/7/1999 9:30:00 PM
From: The Osprey  Read Replies (1) of 4467
 
If I remember correctly Keith and this is going from a clouded memory but the "curbs in" was put in place shortly after the October 1987 debacle.Do I remember that well.I was in the funds business for a couple of years when that 1987 thing happened.The "curbs In" were put in place to control computerized trading programs and seems to work quite well.I know I feel alot better knowing the action was taken to allow a cooling off and the markets to pause and assess fair value.These "curbs In" prevent a severe meltdown.

Thank goodness for them.

Osprey
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