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

To: the Chief who wrote (35854)	4/24/2000 11:51:00 AM
From: Shack	Read Replies (2) \| Respond to of 62348

It used to reflect the migration from equities out, now it reflects very little, because we have become a society where we migrate out of one group of stocks (Nas) to another group of stocks (Dow) and then back again Tought to use the Dow as a gauge of money flows given Intel and MSFT are in there now. Wish we had a "cash" index. The 30-yr still moves a smidge with a negative correlation to equities..but not as significantly as it once did I guess. Their greatest bitch was no-one would consider a P/E of 200 for Petro-Canada, no matter how much they complained...so what to do???? "Pss all over the teckies till they come down to a multiple that can be reached by the "old school" stocks The gap can be narrowed but never the two shall meet. Kind of a catch-22 for the oils...higher prices=higher profits but also leads to economic slowdown which leads to a slowing in demand for their product. Remember, if earnings rise 25% over the next 2 quarters and the market remains flat....we just had another 25% correction without knowing it?????* Excellent point. But how do the fund managers feel about recording a 0% return for the year?

To: the Chief who wrote (35854)	4/24/2000 12:24:00 PM
From: The Osprey	Respond to of 62348

I am sitting here printing Tax returns and not able to watch the ticker but I am also hoping for a reversal of the late afternoon sell off's we saw the last two weeks.It may be a signal if the reversal does not occur to-day or better still shows positive momo into the close.I will check later. Back to tax returns.... The Osprey

To: the Chief who wrote (35854)	4/24/2000 1:04:00 PM
From: Ruyi	Respond to of 62348

IN TSX @$25.50 Thur. posting late as I'm just back from the WEST coast RAIN forest experience,quite tranquil actually. Chief your not suggesting an old fashion redistribution of wealth ala Feudal times is taking place are you ? Here I thought Greenspam, Abbey Conehead & the other LORDS of the market were just trying to save us poor serfs from ourselves,<ggg>. No brainer BIG BANKS OWN BIG BROKERS , give lose credit to the serfs , resulting in a buying spree of stocks . Harvest time comes ,tighten margin(credit) as they have, short the stocks they hold for clients & watch clients bale creating an instant redistribution of wealth, rich get richer & the poor, well we're saved from ourselves yet again. Same story throughout history just the players & locations change.