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

To: Shack who wrote (47853)	2/18/2001 8:58:55 AM
From: Kevin Hamlin	Respond to of 62348

Class action lawsuit filed against Nortel in the States. Two of the Nortel execs named in the suit also noted for their selling of $7mil worth of shares prior to the Nortel announcement last Thursday. biz.yahoo.com Regards, Kevin

To: Shack who wrote (47853)	2/18/2001 9:05:12 AM
From: bigbuk	Read Replies (1) \| Respond to of 62348

But the mood is FINALLY changing and bulls are STARTING to throw in the towel. We're not quite there yet. I am still very short but my finger is on the buy button. I don't know when the exact bottom will hit, but I know what a bottom looks like and I haven't seen it yet. I think we are rounding third base. kinda scary when the bulls become bears eh? at third base? perhaps. all stocks got stories etc. but it seems that momo is the only thing that drives the herd onto a stock. I guess most have become momo traders rather than investors of sort. No one seems to want to buy the good buys and wait for a few years and watch their net worth grow as we did in the 70s and 80s. Now we all experts and try to squeeze out the 1/4s or halfs on Momo. Cheers, BB

To: Shack who wrote (47853)	2/18/2001 9:10:02 AM
From: kidl	Read Replies (1) \| Respond to of 62348

Wasn't easy but finally found one very lonely bull hiding in the bushes: siliconinvestor.com

To: Shack who wrote (47853)	2/18/2001 2:28:31 PM
From: Shaw	Read Replies (1) \| Respond to of 62348

It will be interesting. the signs of a shakeout since the somewhat inexplicable January rally are definitely getting there, imo. Looking at things in a micro sense, there are fewer and fewer techies that are left to get beat up. Maybe MSFT has some downside (it's still off it's lows) some inexplicable ones like RIMM are still hanging up there, but when you go down the list and look at charts of INTC, CSCO, DELL, LU, NT etc, they are pretty ugly. My sense is the institutions pretty much have liquidated a lot of their positions in these already (or achieved a long term balance where they can live with further downside), and since all of the news on these have been bad, further surprises may only be on the upside. These CEO's aren't stoopid, only NT had kept their rosy picture, the rest I think, have really been very conservative and have made their projections on the low. low, low side of what they think will happen this year. To have a solid correction tho, I too think we need the big "flush". One really good shake of the tree, absent of any news would be really welcome, imo. I don't know about you, but I havent seen a wave of "panic selling" since last April, even with some 6%-10% intraday swings on the QQQ this past 9 months. That's what I am waiting for before I will stick some (perceived) tech gems in my LT account, and maybe add a 3-6 month out INTC or CSCO call.