Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: TheMajor who wrote (1866)	12/30/1999 11:07:00 AM
From: New Economy	Read Replies (3) of 2259

Summary of Positions: IW.T GLE.T NLC.T I know how you feel about CIC, I have been sitting on the sideline since it first retraced to $33.00 or $38.00. I am holding IW-T @ $12.00 it bounced off $11.00 and $10.00 nicely. I think I got sick of day-trading my position when it ran - off on me. You just cannot day trade stocks on a up trend like that. I made some good money on COR-T. However, after it ran up past $38.00 and retraced back to $26.00 the first time around. I stayed way back on the sidelines. As for CIC: Remember the Golden Rule on stocks that make a new high, buy on the first retracement and hold on tight. <I check daily all the "usual suspects" in Canada from IFM to GIB.a to CIC and a range of others. Always waiting for a meaningful pullback which never seems to arrive, so am still on the sidelines>

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