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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: the Chief who wrote (7679)4/19/1999 1:04:00 PM
From: David M. Lomow  Read Replies (2) of 62347
 
A herd mentality seems to be taking over this thread.

everyone was sooooo bullish last night about GLE. Gap open, slight pullback, and closing up in the teens.

Now, everyone certain that the sky is falling.

Me thinks the big boys have tapped into the prevailing investor psychology and are playing the general public like fish on a string (myself included).

The question now is when will the turn the beast back upwards. Probably when they have flushed enough out of our pockets and into their own.

Predicting that GLE may still close back above $11.00 before the days end

DL
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