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


To: Canuck Dave who wrote (47849)2/17/2001 10:55:38 PM
From: Swami  Read Replies (1) | Respond to of 62348
 
""Buy and hold doesn't cut it right now. P/E's are still outrageous. Unless you're prepared to get in and out fast, cash out and stay out. Going to get worse before it gets better, IMO.""

CD if that is the case why not buy low P/E stocks like BNN.a Na.tse and all the other gems in my holdings untill the tech wreck shows signs of changing 6-9 months imo Got rid of my high P/E stock NT yesterday for a loss



To: Canuck Dave who wrote (47849)2/18/2001 1:47:54 AM
From: Andrew  Respond to of 62348
 
Sounds like everyone's getting bearish out here. I've been bearish for a whole year now. All this bearish sentiment could be bullish. Probably not though since most charts are train wrecks. CSCO at 70 PE still. When it and others are 20 PE maybe I'll start to get bullish again. CSCO at $10? NT at $10? Hey wait NT doest have a PE.

Gold stocks are really starting to form a good base. Look at a chart like K or ECO, the 15th and 19th biggest producers of gold. Will it be months or years before we see a sustained rally in gold start?