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

To: Berry Picker who wrote (35226)4/15/2000 4:58:00 AM
From: Andrew  Read Replies (1) | Respond to of 62347
 
The Trend is your Friend right. Why fight it I agree my whole trading philosophy changed to short this week.

I always thought that one of the rules for daytrading should be to not try to pick bottoms. I'm just using my TA knowledge to make an educated guess that 2900 might be a bottom but I wouldn't just start buying because it hits 2900. It could take many months for a recovery to even start.

IMO all the support levels we are talking about right now will become resistance. We will rally up to them and then the market will sell off repeatedly at each level. The MA's the Fib's old support levels all resistance.

Andy




To: Berry Picker who wrote (35226)4/15/2000 5:44:00 AM
From: E. T.  Read Replies (1) | Respond to of 62347
 
Your late on the short call, my friend.


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