SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: seismic_guru who wrote (37408)5/25/2000 1:04:00 AM
From: Ward Nicholson  Read Replies (2) | Respond to of 62348
 
The times they are a changing.

Very much so.

The irony of it all is that there seems to be this belief
in the media that the "day-traders" were washed out of the
market during the past few months. I cringe when I hear
this because, if anything, it is the buy-and-hold types that
have lost and lost BIG during this time. Most of the
traders here know the importance of stops and limit their
downside on bad trades. I don't think the media really
understand that trading implies selling. "Selling" is the
big faux pas word in the investment world. They just don't
believe in it. Period. Seems to be that the big losers
this go-around were the big buy-and-hold institutional
investors who got stuck with SVN at $300, RIM at $250, etc.
in a very high stakes poker game.

And so this thread lives on...with many of the same traders
still here, and raring to trade. Baystreet should give
it's collective head a shake and ask themselves who's really
fared better this year.

In CMS at $51.90.

WN

P.S. Did somebody here give Dan McCartey (G&M) my name?