Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), July 27, 2000, p. 13

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s- ecomrtswiitri i 1 el 1 stock market expert in yorkregion saturday by daryllynn carlson staff writer charles kim has made a sixfigure profit in one day just by clicking a button hes coming to richmond hill on saturday to disclose howhedidit a day trader for the past three years kim is promoting the art and science of making quick money on the stock market through swift trade canadas only day trading agency itsincredibly high risk said kim who also teaches day trading at ryerson polytechnic university for everyone who makes a lot of moneythere are many who lose regardless of the risk day trading has maintained its popularity even through spells when the market is down many neophyte investors lost big as tech stocks on the nasdaq fell over the past year jbut kim maintains good day traders benefit when stock prices falljust as much as they do when they go up numbers game day trading is speculative he said but its not like gambling with a casino you just- rely on rolling a dice or how the cards will fall we use a lot of tools to make our decisions day trading is a numbers game with participants buy- ing and selling stock based on the movement of the price when stock passes through their possession traders hardly know or care what products the company rhakesor what itsprojections are we watch the prices we trade stocks that move at the seminar kim will also explain the benefits of fast trading through swift trade compared to trying to make a fast buck through lowfee online sites such as etrade canada suchonline sites are increasingly popular charg- ing approximately 25 per transaction whereas a broker can charge up to 100 per trade swift trade charges a few cents per share and offers traders realtime transactions through a direct fibre con nection to the nasdaq which confirms purchases and sales the moment they are sent v all irtakes to get started is gumption guts and 50000 us kim said me work withshares that all trade around 60 to 200 each and we buy 1000 at a time he explained of the pricey upfront investment swift trade located in downtowntoronto provides direct wder terminals along with investmehtsupport ihformationand technology on bad days itwould seem the swift trade office could be a bleak place to be but kim said losers are always offset by winners it never gets too bad around here he said v when the amateurs are losing usually the experienced traders aremaking money ive had days where ive made sixfigures vl unlike ordinary shareholders day traders pull all of their money off the market at the end of each day we sleep well at nightkim said 1 swift trade hosts seminars monthly in toronto and its richmond hill session from 10 arri to 1 pm at the sheraton parkway hotel is a first for the region w while kim said he could afford to retire today he admits hes caught a bitof a bug- ilaani leave it now besides kirri ahdothers at swifttrade note that a lead- ing us day trader firrn wasrecently sold toa major bro- kerage house for tens of millions of dollarsso kim and his millions aregoing tostick around for a whuav- m- maybe we willsell swifttrade someday tickets tbthe day trading seminar are 47 in advance and6batthedbor x j call 416 3510000 for tickets or information v from page 1 pany seeking to build 2700 homes around tiny bond lake aug 14 is when the water issues report will be handed to the opposition which also includethe town york region the province arid the toronto and region conservation authority save the rouge president glenn de baeremaeker called the boards decision outrageous recalling that during a march prehering the group asked the hoard for a years adjourn ment until the proponents completed their studies at the time the developers wanted to move quickly and fought any delay he said arguing theirrrequest this week shows they did not have the scientific proof their plans wont harm the moraineand itsstorehouse of water 1 think theyre admitting for the first time they dont have the science to support their development applications said de baeremaeker who charged that the five developers are afraid their case is collapsing if your teams aboutto lose what do you do you call a timeout the developers lawyers have stated they had all the infor mation they need anna tilman an aurora resident and a member of save the oak ridges moraine told the panel the group also objected to the delay clearly the impacts of development onwater quality have not been properly addressed and we have been misin formed she said r t but uoydcherniak executive vicepresident of lebovic enterprises whose companies propose to build the bond lake development chuckled at the suggestion his side is los ing developers are as concerned about issues suchas water quality as anyone and have presented their best case he said in an interview yesterday we think the merits of our case will prevail save the rouge lawyer a milliken heisey challenged envi ronmental planner derek coleman about the merits for wildlife of the parks arid lawns proposed for bond lake versus the cornfields that already exist there s i dont find cornfields to be a particularly attractive habitat for anything said coleman in charge of designing a path for wildlife to travel between bond lake and the nearby jefferson forest as a crossing i prefer the lawn and the park coleman did acknowledge many local animals may find food in cornfields and that headlights on a planned collector road through the property would startle or freeze sorheani- mals but added vehicular movement is pririiarily daytirne whereas our wildlife movement is nighttime t coleman stuck to his argument that all species meanmo- use the wildlife corridor ffohi thelaketo the forest including large mammals such as deer small mammals and amphib- ians will be able to use it 7 i- secondclass fete predicted for towi from page 1 one term ending in1996 serving on council is too frustrat ing watson said its a dirty business and i really dont know if one person can make any effective change watson does however agree the focus of municipal gov ernment will be amajgamation- the grass isalways greener he said if amalgamation takes place the way musselrharis lake and vandorf are treat ed now is the way all ofwmtchurchstouffville will be treated by markham our whole town will become a secondclass citizen former councillor ken prentice admitted hes also given the mayors position serious consideration like watson he wont enter the race citing business reasons several people have approached me to run against wayne while i am flattered i must concentrate on building my businesshe said opting out doesnt mean prentice wont be monitoring the towns business r i will be keeping an eye on council prentice said we have a number of qualified people who have taken early retirement theyd have time to make a positive impact and be good for the town even though its four months away the municipal election is attracting attention beyond the mayors race so far four of the six i councillors have t announced plans to seek- reelection in their respec tive wards including ward 1 councillor steve pliakes ward 3 councillor peter cdqbrich of preston lake has filed nomination papers signaling his inten- tiohjo seek reelection meanwhile sophie angelis of woodbine avenue has officially- announced he will chal- lenge dobrichthis marks wayne emmers0n mayor sees the second wangefis next elections his last as anddobnchwiugoheadto stouffvilles representative head jn a municpalelec- v uon three years ago dobrich beat angelis by a handful of votes ward 4 councillor cliff dunkeld ward 5 councillor judy scala and ward 6 councillor sue sherban have announced plans to seek reelection the only councillor who indicated one way or the other is ward 2 councillor mark carroll clothing drive for sally ann new site for charity car wash do you have- any old clothes you dont want and will never wear again dont throw them out donatethem on saturday the salvation army launches its bluebagit campaign the goal is to collect used and unwanted clothing tobe redistributed to those in need next month more than 32 million blue bags will be distributed to house- holds across canada through newspa- pers and shopping malls used clothing is to be placedin the blue bags then returned to one of many drop-off- points nearby malls participating in the program include markville shopping centre in markham and hillcrest in richmond hill last year the bluebagit program collected four million pounds of cloth ing this yearl the salvation army is hop ing to beat last- years total especially since more shopping centres are paftic- ipating bluebagit a canadian venture has beensuccessful in more ways than one not only has it collected a large amount of- clothing but- it has also inspired 7 countries around thewbrld to engage jn simaarcampaignsv5vto the location of the yellow ribbon fundraising car wash has been changed due to technical complications the car wash will now be held at centennial community center 8600 mccowan rd at bullockdrive rather than at markville shopping centre as originally planned the washwill still run from 11am to 5 pm the yellow ribbon chapter of the gta wishes to apologizefor any incon venience caused by the change of venue charity horseback ride the annual great canadian ride for cancer takes place sept 23 in the york regional forest near ballantrae the entry cost is 15 before aug 28 30 thereafter prizes will be awarded to the five horses and riders with the most pledges organizers are also looking for vol unteers to help organize the event for more information call 4731627 or 905 640201 1 smoking hotline vra k6tlinefor smokersiwhohope to give up thehabithasbeen established by thecanadian cancer society its open from 9 am to 9pm monday to thursday and 9 am to 5 pm on friday 1 the service is available in bbth- english and french call 1-877-513- 5333 iniprov comics needed thecanadian iniprov showcase an aurorabased touring comedy troupe hosts an open casting call for female actors as well as musical talent call-7i6-9990- work orientatjon the ontario march of dimes hosts a work orientation workshop aug 8 call 8957529 for additional informa tion v auditions for musical aurora opera is holding auditions for a musical tobe staged in december in newmarket auroraahd toronto theyre looking fora girl 13 to 19 years a male 19 years or older and an- adult male 30 to 40 years j singers for the chorus are also required- v vcall 8410414 fifx

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