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

To: seismic_guru who wrote (45678)	11/28/2000 4:58:07 PM
From: CharlieChina	Respond to of 62347

you are correct

To: seismic_guru who wrote (45678)	11/28/2000 5:01:27 PM
From: Davy Crockett	Respond to of 62347

Good post S.G... <<Elders boiling a frog analogy comes to mind doesn't it>> It sure does... Regards, Peter ...if only I could master the discipline required...

To: seismic_guru who wrote (45678)	11/28/2000 5:35:47 PM
From: couldawoulda	Read Replies (1) \| Respond to of 62347

seismic - takes time to re-develop a discipline that was never needed throughout the past few years. Analogous perhaps to learning a particular trade all over again that you once excelled at, but no longer needed at the time due to the environment around you changing. All that much more difficult for someone like myself who was never forced to learn that "trade" to begin with. Anyway, I'm certainly adhering to those rules you outlined in your post - most of us are, I'm sure - which may explain how we all let WIN go the other day as it was trading like it was back in the earlier part of the year. Almost convinced now that everyone will be saying a year or so down the road, "remember when you could invest on momentum alone, and could ride a stock for countless days on end, 20 or 30, or 40 bucks beyond your initial buy. Yes, those were the days." Anyway, I'm babbling. This market stinks, but we'll soon all get used to it - the days of old it is not anymore. Strict trading rules must be plastered somewhere on the computer screen and followed to the "t". Good evening everyone. I'm out of here for the next week and a half during market hours (now don't everyone start smiling at once) - working on a film shoot - but I wish that you all make some serious money.

To: seismic_guru who wrote (45678)	11/28/2000 5:40:43 PM
From: Shack	Read Replies (1) \| Respond to of 62347

Glad to hear the trading is going well s.g. I'm still around but have been posting over on mirc, I will try to post over here as well from now on...gonna need another monitor. Agreed on everything said here. Even if this is just a valuation correction (whatever that means) and not a long-term bear market, the techs still need to blow off a lot more. I keep running into people who tell me "Yeah but Nortel is such a great company...it'll come back" These people are gonna get hurt because they are unable to distinguish between a good company and a good stock. Slower growth or no growth is here for a while. Remember, CSCO has inventory problems for a reason. I am long gold and tech puts right now. Trading like a fiend for good profits on both sides. Best thing I ever did was liquidate my RRSP a few weeks ago. Speaking of CSCO, been watching the trading here and have noticed that it is being propped up while everything else tanks. Pretty easy to hold up the Nasdaq if CSCO is supported. Gives the big money a chance to sell off the pawns, bishops and rooks while the King stands strong. Watch the breadth, tells it all. GE is doing the same thing over on the NYSE. Eventually the king will topple and then its....Checkmate. (Christ, I can't believe I wrote that...the most overly dramatic crap i've ever posted....sorry folks.) Cheers all Shack