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


To: Rocket Red who wrote (29291)3/4/2000 12:45:00 PM
From: Ed Pakstas  Read Replies (2) | Respond to of 36688
 
>>>There are New people flooding the Discount Brokers to open accounts these new people who have no been in the market will get burned at some point when nobody knows.

U ever see those commercials on T.V. for "Ameritrade" and market they are gearing themselves for...

$500.00 to open an account and $8.00/per trade...

Whenever I see that commercial I give my head a shake... Talk about sucking people in...

...ed



To: Rocket Red who wrote (29291)3/4/2000 1:27:00 PM
From: brian krause  Read Replies (1) | Respond to of 36688
 
Warning signs of a market crash.

The time to get my orders filled slowly shortens from 1 hour to 5 min where it holds for a week while people are indecisive and volumes slow down and then gradualy lenthens again as panic and volume picks back up.

A couple of weeks ago I felt we were going to see a pullback that coincided with a rise in the price of gold due to the sting of Ashanti going under their 10 million oz short. We saw a pull back but the banks bailed out Ashanti because of their fear of what would happen if they didn't.

Being wrong about my prediction cost me about $150 as I sat
in Kinross for two weeks with a buy at 2.91 and a sell at 2.89 so I never got burnt but the biggest thing is I missed most of the hot action in the market during this time with the likes of VEN and SNW.A happening.

Good luck with the Oil. I wish I had enough money to play both.

bk