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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (841)3/16/1999 10:41:00 PM
From: triplehrw  Read Replies (2) of 2259
 
I agree 100% with your venting.

I almost sucked myself into LDM--as it should be a value
buy and probably is over time. But these analyst type letters are
only good when one can throw a dart and pick a winner.

Very little is good in Canada and I believe the fault lies with
the control the institutional traders have over the market.

We little guys have to demand a way to get more disclosure
of trading--there is just too much back room stuff allowed
in Canada.

The government rapes us on taxes and the Financial guys rape us in the markets--Time for a revolt. We need a real right wing party in power. Mulroney had the right Idea--Go American..

I buy the Buy Low Sell High newsletter---not much longer as todate nothing worth sustantially investing in.

I to believe the momentum plays are the best its just too bad we have to get beat by the big guys. One of the first issues I believe in is that institutional trades should have to disclose who they trade for also any insider trading should have to be reported to and by the TSE almost immediately---It would ensure things like what recently happened at Corel would be repeated but when they are repeated the poor small sucker investors trying to make a buck have a chancce to make a decision before the bottom falls out or the top is reached.

I am also in a venting mood.
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