Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Sapper who wrote (2048)	2/17/2000 8:27:00 PM
From: Ward Nicholson	Read Replies (1) \| Respond to of 2259

GAC: Sapper, I'll be brutally honest with you here...I don't have a clue. I lasted flipped GAC in November, and I've been eyeing it down here. However, I've really curtailed my trading as of late. I have no feel for this market at all. I've seen volatile markets before, but some of the sh!t going on these days really scares me. This is by far the most speculative market that Canada has seen since the BXM days, only this time it's in technology. Value stocks are being driven into the ground by fund managers looking to load up on the "weekly hot tech stock". Fundamentals truly mean nothing to this market. No price is too high for some stocks. All this and the most brutal market breadth divergence in history. I've been singing this same bearish song since July, 1999. Laugh if you will, but I still feel the same way. I'm 100% cash right now just watching on the sidelines. I've made the odd flip here and there, but with borker execution as pitiful as it's been lately I prefer just to sit back and watch. I'll be around, but I won't be in this market when the lights go out. The tech market has gone parabolic. Parabolas DO have tops. That is the only thing I'm certain of these days. WN

To: Sapper who wrote (2048)	2/21/2000 10:03:00 AM
From: Jan Johnstone	Read Replies (1) \| Respond to of 2259

I kinda like GAC at these prices as well, but I'm willing to bail quickly if I'm wrong. I did pretty well riding OTC and TLC in the same way. It's looking strong this morning, must have been good press this weekend somewhere. Jan BTW, LDM bottom may have formed.