Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: AllansAlias who wrote (1991)	1/21/2000 8:53:00 PM
From: Shaw	Read Replies (1) of 2259

>"The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it." > Amazing quote and apropos. With the EWD, IW, WV etc pattern, I mean momo stocks that were pennies that have suddenly curried favour and have reached double digits in a very short period of time. Some do not reach loftier levels (which are fundamentally sound like BIT) and some do like EWD etc. There has to be a catalyst in most of these instances and some sort of a pattern. I have offered two reasons that seem to drive stocks from the dollar level to loftier ones, like $10, namely: A large financing or a large (although not necessarily lucrative) deal with a "major". I think most of these have followed this pattern, then again I can rhyme off a few that havent. Im generally lost...... if I wasnt Id probably be rich!!! Cya

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