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

To: Shack who wrote (49652)	5/24/2001 2:35:50 AM
From: Ward Nicholson	Respond to of 62347

if the COMPQ drops below 2220, then the rally form the 4th of April is done and we head back down. Tomorrow is the most important day we've had for the market in a long time. I totally agree that the next two days will be important, but I see the 2100 area as more significant. It's the May 14-16 area that I would like to see hold. What bothers me is that nobody is talking about downside targets anymore. All you hear about is upside targets on the NAZ. Usually the market will move in the direction that people least expect, so I'm thinking we could easily be blind-sided here. To make matters more unclear, volume is dwindling because of the upcoming U.S. holiday. Tough call right here.

To: Shack who wrote (49652)	5/24/2001 9:03:41 AM
From: Shaw	Respond to of 62347

With you on that Shack. I just have a sneaking feeling that your upside scenario will work out today (oh, oh). Maybe wishful thinking but yesterday's down with that goofy Senator and slightly lower volume didnt feel quite right. Regardless, I am watching the levels and will bail if it looks bad today. Might have to switch into puts if it does. Altho, NT isn't my best candidate.