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

To: Andrew who wrote (35221)	4/15/2000 12:58:00 AM
From: Bid daddy	Respond to of 62347

I have read and watched on TV, about 1500 theories on this present market. Buying the wrong stocks right now, may get you in trouble. I bought a few, that I have watched for weeks and I may buy others in the next few weeks. Some will be short term and others, I am looking towards the fall. "Election Season" by that time the market should be in great health, after having it's inards cleaned out. Oil prices will be coming down some, and interest rates will be on their way to all time lows! and Internet stocks, will just be stocks. I agree with you Andrew, on how things look today, but ON SALE signs are going up on some companies as well. Somebody will buying, and if not! then I'll go back to fixing cars! and come back a year later, to see my gains from loading up on my longs. Next week will be wild though!, but long term, this is how the big guys wanted it.{imo} BID daddy

To: Andrew who wrote (35221)	4/15/2000 1:04:00 AM
From: Berry Picker	Read Replies (2) \| Respond to of 62347

I think this is officially a crash already. What will happen is it will crash and then stall and then people who think the stocks are "cheap" will rush in and buy up a retracement and then it will stall Then it will go back into panic selling again It will be over when it stops crashing and people stop thinking anything is cheap or going to "rebound" many will get hurt hoping for a dead cat bounce. Can't get away from going long and will buy against the trend until they whipsaw themselves half to death or go broke period Unfortunately some people may even commit suicide over all of this stuff. I think next week will be VERY UGLY !

To: Andrew who wrote (35221)	4/15/2000 9:21:00 AM
From: Mr. Oil	Read Replies (1) \| Respond to of 62347

Your comment...Doesn't look too good does it. I don't agree. I think it is good to remember that with day trading one doesn't require or care too much if we have a 'bear' or a 'bull' market. The only thing that is required is volume and volatility. That is what we have. Going long in a bear market can be profitable if one can pick your entry points carefully and one is careful about holding overnight. There are always bounces in the day when one can make money or points to go short where one can make money when there is volume and volatility. I don't really care too much about whether in the long run the stocks go down or up when it comes to day trading. That is a concern for position trades only. Something I am doing less of now while this thing gets worked out. The trend indicates which opportunities we will have more of. A down trend will give more shorting opps and a up trend will give more long opps. The key is picking the trend for the day and trading with it. I went both short and long yesterday and made money both ways although I am still holding my long buy til Monday. The full story will be known on that trade on Monday a few minutes after trading opens. ggg Ray