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


To: couldawoulda who wrote (49382)4/17/2001 10:17:28 AM
From: the Chief  Read Replies (1) | Respond to of 62347
 
don't mind me. I just can't come to terms with buying stock now. I'll shut up (ggg).

Not at all couldawoulda.... it just seems to me the shorts have had monpoly on calls and longs have not been given credit. Parker called the bottom as far as I am concerned. I bought a few days before the bottom and at the bottom (I hope) I am in the money on all but SCMR, RIM is paying handsomely with a low of 25.00 and it now sitting at 42.00+ does anyone here really think its going back to $25.00 or lower? Some stocks have not bottomed but to catagorize the entire Nas 100 and have people say we haven't bottomed is missing an opportunity. there are stocks that will go lower, but many have already bottomed and are making terrific returns.

the Chief



To: couldawoulda who wrote (49382)4/17/2001 10:18:29 AM
From: Shaw  Respond to of 62347
 
Hi CWS,

OT:

Your comments on CSCO are perfectly sane and totally correct, imo. The news was TERRIBLE!

However, Chambers et al were talking it down starting when the stock was $24. It lost almost half it's value since that. I see one analyst had his earnings pegged at -0.08 for the quarter (and I heard on CNBC a couple were even lower). That was the down move on this news, imo (ie last month). When they didnt say they were filing for bankruptcy it had to act OK today <ggg>. I think this is the end of the leg down for now. If the tech recession doesnt snap back next quarter then maybe we can go for another one??

I think next quarters environment and earnings are more important than this quarters for direction, imo.



To: couldawoulda who wrote (49382)4/17/2001 10:31:36 AM
From: parker_meridian  Read Replies (1) | Respond to of 62347
 
Cash printing 1947 should accelerate buying(should we get there today)...moving from below yesterdays inside range to above...then your looking towards triggering a head and shoulderish bottom with target measuring towards 2400

Think of it like this...every earnings shortfall and warning is just making future sequential and year/year comparisons that much easier...the market looks to the future...