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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: vds4 who wrote (5998)1/16/2002 2:49:53 AM
From: Abbeydale   of 11802
 
CEI-t

Double loser here! (Maybe) I missed getting in at 2.91yesterday and I chickened out today at 3.31! I wanted that 2.91, but I wasn't sure if it had the legs at 3.31. The run to the close Friday was pretty strong, but one of my (school of hard knocks) rules is don't buy MOMO closes on Friday afternoons! Today's run to the close just didn't seem to have that much steam - small bites being taken out of the asks (except for a few) and really just not that warm fuzzy feeling. As someone pointed out, sometimes a three day gainer that slows near the close (even if it runs a little) often sees a retracement. We'll see.

A
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