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

To: Shaw who wrote (48801)	3/28/2001 8:00:55 PM
From: bigbuk	Read Replies (2) \| Respond to of 62348

Anyone catch the Cannacord senior VP on ROB TV tonight? TO sum it up he said his 19.00 target on NT would mean that you should wait till 4 to 5.00 lower than that to be able to sell and profit at his target of 19.00. Is he being generous? That interview alone would sure make me throw in the NT towel IF i was a NT long - but hey you know my position on NT. <smiles> btw where is the new perma bull? Mr. "WE" meridan ? LOLOL a good read here for the die hard bulls. cross-currents.net However, both the impulsive nature of the last decline and the enduring longer term trend of the Dow now point to an eventual test of MAJOR support highlighted by the 1998 lows. This zone equates to 7500-8200 and should be achievable this year. Although this analysis is not --strictly speaking-- short term, if the 50% retracement holds, we would expect another downside attempt to begin immediately (as of this posting, it may have already begun). By the time all the bulls have turned to shorts I will be a BULL once again -- maybe in 2002. BB