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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (2680)11/27/1999 10:58:00 PM
From: Syncrude  Read Replies (1) | Respond to of 5053
 
Keith,

Could not resist jumping in here. You appear to be very concerned with SHORT TERM price swings which are the domain of day traders and short term traders. Your conviction with Jordex appears to be supported by a longer term horizon.

So. Why are you so fixated with day-to-day price swings and as well as questioning the judgement of others who may have different investment/speculative objectives than you? Why does there have to be a right answer and a wrong answer? Short term bettors may have been right to sell after such a large price increase and long term bettors may have been right to hold for further appreciation.

Simply pointing to the press release fiasco, might not explain fully the subsequent market action or inaction.



To: keith massey who wrote (2680)11/27/1999 11:12:00 PM
From: marcos  Read Replies (1) | Respond to of 5053
 
Yes, i was just about to say this. The tanking Monday was triggered by the Schwab dumping in size, the log tells a plain story that corroborates what i saw go down as i was glued to the java ticker and depth. Leaving aside who it was and without putting a value judgement on it, the dump made the tanking. And sure, likely the minor release coming before the other triggered the Schwab dump. As for Bunka, his stuff is dated Tuesday, before the open i assume eh. The dump Monday likely affected his call. I just lost a little respect for him, if his DD went only far enough to read the Enviromation release.

Like Syncrude, i really don't care deeply about this day-to-day stuff, no one will in a hundred days imho. But i think i understand why you do. Remind me to have a maid in if you ever come to visit -g-