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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: Lola who wrote (27373)2/21/2000 10:51:00 PM
From: Rocket Red  Read Replies (2) | Respond to of 36688
 
Lola
80% of Daytrades never make money Why is that?

Chasing the next pick for 15% is not my way of investing.
But hey if thats what you like Then You go for it.

Cheers.

PS In the long run if you hold a good one for more than a week you will make more money than daytrading.

PS2 I will ask you at the End of 2000 Where you stand.
Up,Down,Even.

PS3 The Chief is in a Catagory all by itself.



To: Lola who wrote (27373)2/21/2000 11:05:00 PM
From: Shaw  Read Replies (1) | Respond to of 36688
 
Cool Lola,

The thing we won't get caught with is: Holding the bag. I had way too much in the market (probably 5% of what Bigbuk was holding <gg>) over the weekend and I was a little nervous.

A bear run can't hurt me (us?) like it can to other folks that are holding things for months.

Based solely on an opinion, I guess. Certainly the holders are getting really rich (hmmmm.... I'm sure we woulda been playing RIM @ $2 and selling at $3 a while ago), but the daytrader or very short term holder can't get wiped out, if we see a big internet consolidation.

I don't think we were buying BII @ $30 in our RRSP.

Regards!