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


To: Lola who wrote (34829)4/13/2000 12:43:00 AM
From: Swami  Respond to of 62348
 
The sky has not fallen guys/gals Nasdaq will come back albeit slowly. You can hit some stops and panic people but you cant change the brainwashing that has been going on for the last 18 years that equities are the place to be. The bargain hunters and the buy on the dip buyers are already lining up.
I would not call 5% drop in Nasdaq since Jan 2000 a crash or even a corrrection. this is just a reality check for wannabe daytraders and housewife E*traders to get their risk tolerance a workout and trade according to their temperament. I have a suspicion that only the lazy or the real smart ones are left in the game. The overnight wannnabe dot.com millionaires(ipersonally know a few) have already left the table.

Happy days lie ahead (or not) to paraphrase the omnipotent Chief!

Swami praying for you all longs...