Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: the Chief who wrote (537)	11/30/1998 10:45:00 PM
From: Mr. Oil	of 62348

Just thought I would post a summary of my decisions and results today. After watching the hugh open and sell off I placed an order to buy at 4.65 thinking that would be a good entry point down from 6.00 if it got hit. Well very soon it had past my order price and yet it didn't get hit. I do not know why. Broker too slow? A mystery. I canceled the order and watched it continue to drop checking frequently incase the 4.65 order was hit but not reported. Finally I place another order to buy on the rebound and got in at 4.20. I followed the order up to 4.94 but the highest I placed my stop was 4.55. I think this was too far away given the roof of 5.00 didn't get broken the second time. Mind you there wasn't a lot of time to get the stop moved before it came down again. I think I may have had the stop at 4.70 or so by now but waited for it to break 5.00 which it couldn't do. Now I am looking to reenter but for a longer term position. It is evident that BII will be climbing for a little while yet and the upside potential should it move to NASDAQ is well worth the hold. Thanks to all for the post and shared info today. It was fun and I learned a lot. Ray

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