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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: New Economy who wrote (19378)7/15/1999 4:17:00 PM
From: Cameron  Read Replies (1) of 62348
 
NE - another reason I sold... although more practical...

Can't trade on-line with Greenline if your margin was utilized the night before...They only update your buying power at night so even when I sold NNC today, I had to call them to pick up some MCF... which I hate doing even if it is only a few dollar more in transaction costs. Since I tend to stay pretty well margined, it really reduces my flexibility to sit on stuff overnight... much better for me to sell at the end of the day and then buy back in the next AM (if I'm using margin) if the opportunity arises on a slight pull back.

I actually do think there is considerably more upside to NNC... I think the fact that it jumped back into its price channel at the end of the day is a good sign. I also think there is big MCF potential right now... I feel like a kid in a candy store... <gggg>. Of course now I'll probably be accused of being in love with MCF again <gggg>!!!!
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