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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 (45946)12/3/2000 8:43:12 PM
From: Canuck Dave  Respond to of 62348
 
Who the hell is NG and why should we care?

CD



To: The Devil Dog who wrote (45946)12/3/2000 8:45:14 PM
From: The Devil Dog  Respond to of 62348
 
S&P futures up slightly EOM

WB



To: The Devil Dog who wrote (45946)12/3/2000 9:47:24 PM
From: Shack  Respond to of 62348
 
Hi Wayne, I assume this is all still OT so to continue the discussion on the overall market direction, the one true catalyst of a "sustained" (by this I mean longer than a week)rally would be of course lower rates. However this is not a foregone conclusion if the US $ continues to slide. There will be a need to keep rates up in order to keep gobs of capital from fleeing the states. Kind of a catch-22 since lower rates may actually hurt the markets more than they help except for the brief psychological effect.

Keep an eye on that US $ and similarily, keep an eye on Gold as a leading indicator.

By the way Gold is up $1 in Asia tonight



To: The Devil Dog who wrote (45946)12/3/2000 11:28:43 PM
From: ralfph  Read Replies (2) | Respond to of 62348
 
Personaly I have been waiting for a clear signal. One of those days when the whole market collapses and every one runs for the hills.Such clear signals seldom come and if it happens I will be quite happy . Not about it crashing but that it will provide a clear signal the decline has come to an end,
When the mining market dropped dead it was from a thousand little cuts(good ol BRX). The teck market crunch may not mirror the mining crash but it certainly has the same feel about it.
If we where to crash from these levels I would say 2100 would be the bottom but if it is the death of a thousand cuts 1800 to 1600 would be about right.I arrived at 1680 after looking at the charts on friday .
Thanks to all posters this weekend you have provided a few ideas for me to consider.
Regards
ralfph
This market is like dating a celibate nymphomaniac. I know she will change her mind but the waiting is driving me nuts