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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Cameron who wrote (27314)	12/16/1999 9:07:00 AM
From: the Chief	Read Replies (4) \| Respond to of 62348

Good Post Cam. I have read thru the 80 posts (80 posts... talk about blabbermouths<ggg>) I think what seperates this thread from others is that (prior to last nights posts) we don't make prophecies. I think it most important that we don't go into "predictions" other than down or up! The reason is clear. First, predicitions of $$$$ amounts serve little purpose other than to offer opinion of direction, so stick to direction. Second, posting very low dollar amounts on COR or very high, just adds a level of "emotion" to people that hold the opposite position. We want people to clearly evaluate their position based on as much "non-emotional" information as possible. In the end, we are riding the MOMO, people that are long, may switch to short, or shorts to long. The "prophecy" of price levels only serves to heighten the emotion associated with the position. I have a new "favorite post on SI" that shows the absolute foolishness associated with predictions. A prediction that was based on nothing, serves no purpose and was/is a complete misevaluation of all the available data.....but the author may turn out to be right.Not because he/she was astute but because he/she had a 50/50 chance of being correct. Those are reasonable odds. Appreciate the stock had one trade of 10K at the time of the post. When does a "predicition border on either pump or dump"? When is a predicition the buy of a lifetime? Message 12294360 My thanks to the person using the handle Richard Harmon I am not holding COR on close yesterday, so you can guess i think it will go down on open, some are holding it overnight so they obviously believe it is going to go up on open.....there is no prize for prediciting it right, nor penalty for prediciting it wrong. There is only a prize for holding the stock or not. the Chief