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

To: seismic_guru who wrote (35253)	4/15/2000 9:26:00 PM
From: AllansAlias	Read Replies (1) \| Respond to of 62347

I have PM's and I am seeing the questions being asked over and over: "What will happen on Monday?" It doesn't matter that much. Do you have to trade on Monday? I am going to watch for a while before developing a strategy. We need not micro-manage the trading IMO. My opinion is that we have not see the bottom yet, by quite a bit. But, that's not important to anyone else. Here is what I really think: Let's work out a strategy when we know more than today. I've posted it before, but it bears repeating: ...Old Baron Rothschild's recipe for wealth winning applies with greater force than ever to speculation. ...Somebody asked him if making money in the Bourse was not a very difficult matter, and he replied that, on the contrary, he thought it was very easy. ..."That is because you are so rich," objected the interviewer. ..."Not at all. I have found an easy way and I stick to it. I simply cannot help making money. I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell to soon." ------ You all must have access to charts that go back many years. Go back and study the weeks following the other great corrections. Would you have known what to do at the right-edge of the chart? Would you have known on any given day that it was the bottom? --Allan