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

To: The Devil Dog who wrote (45921)	12/3/2000 11:29:56 AM
From: Swami	Read Replies (2) \| Respond to of 62348

Never Cry Wolf story comes to mind. NG has been crying wolf since january 2000 and in the process missing the march april manic rise..Daytraders can make a pile of money playing the market either way. Just leave the emotions and your previous gains and losses home. I suspect Bears( and bad traders) on this thread have lost lot of money so far this year and are pessimistic about the future due to the emotional state they are in. Cold unemotional analysis(Ha!!) tells me the worst is behind us and we should see a nice rally at least going into the new year..(profit warnings by Intel, Ford, Ciso,and countless others may be the BIG speed bump that may bring Nas to its knees in the mean time)

To: The Devil Dog who wrote (45921)	12/3/2000 11:30:49 AM
From: CharlieChina	Respond to of 62348

the people of the world changed the dynamics in 1929 and then in 1987 ... and it seems ... the people are saying they want to change again .... how much changing will be going on ... I suspect allot... what kind of damage will it cause in the short-term? ... only time will tell ... In order to accelerate the growth of a plant one must clip its dead branches and cause short-term damage in order to achieve long-term beauty ...

To: The Devil Dog who wrote (45921)	12/3/2000 1:23:34 PM
From: keith massey	Read Replies (2) \| Respond to of 62348

Wayne I posted this 2 weeks ago and I think this might be one of the better historical comparisons. 1929 had such difference dynamics both from the trading side and the economic side that I don't think it makes a good comparison... although most bubbles do pop the same in the short term. sharelynx.net Here is the NAZ chart for people that don't already have it memorized. quote.yahoo.com^IXIC&d=1y How it turned out in Nikkei's case: quote.yahoo.com^N225&d=my

To: The Devil Dog who wrote (45921)	12/3/2000 1:36:29 PM
From: Shack	Respond to of 62348

Definitely there are some events likely to unfold in the next few weeks which would lead to some sort of rally. Election resolution and a change in the Fed's bias will however do little to stop the avalanche of earnings warnings which will emanate from the tech sector where the income statements have been stacked with investment gains which are not likely ot be repeated in this market environment. Double whammy as there will be operational shortfalls as well. IMHO these shortfalls have not been discounted fully in the Nasdaq. Hard to believe after a 50% drop but it has been all froth. As for the so called old economy, pull up a 10 year chart on the S&P500 index or the DOW and tell me if ANYTHING AT ALL has been discounted for an economic slowdown. If either the S&P or DOW were stocks that we trade, there isn't anyone here who wouldn't be shorting on any sort of rally, no matter how minor. Of course valuations here are more reasonable but still near historical highs. It is true that you MUST play the reaction rallies. One would be foolish not to because they are lucrative. Just be prepared to turn on a dime as the fine traders here know better than most because unfortunately for most, I think the real pain may be just beginning.