Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: MrsNose who wrote (21935)	9/30/1999 4:31:00 PM
From: Kevin Hamlin	Read Replies (2) of 62347

I was watching TUV most of yesterday and today. It was difficult to hold off, because I do think the selling is way overdone, but its hard to argue against house dumping/month end selling/panick etc. As for the earnings warning which came out...that was the wicked drop yesterday. It's now day old news for those "in the market" daily. Today was a continuation and aftermath of yesterday. No doubt the Globe readers freaked and dumped in a panick, but on top of that, I'm betting that there was a little month end manouvering by a fund or two....hence the firesale. If it wasn't month end related, I think the houses doing most of the selling could have bled the stock off in a lot more orderly way. That wasn't the case though. Towards the end there, it was pretty obvious they wanted out TODAY. That's what brought me in. Cheers, Kevin

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