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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: bugssy who wrote (19367)7/15/1999 3:05:00 PM
From: Cameron   of 62348
 
MCF - for what its worth - if you look at a 10 day chart you'll see that all the lows absolutely follow a straight line. MCF is now just returning to that line... which is has done consistently every day or 2 for the past 10 days. It just got ahead of itself. The other interesting thing to note is that when it closes a day near the trend, it takes a big jump the next morning... it just can't help itself <ggggg>. As long as it doesn't violate this line (ie. closes above about $8.90ish) it should be fine.... in fact, depending on what NNC does towards the end of the day, I may jump ship there and buy as much MCF as I can. Just my opinion.
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