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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: the Chief who wrote (35368)4/17/2000 11:09:00 AM
From: AllansAlias  Read Replies (1) of 62348
 
Chief,

If for no other reason than your honesty of posting, you are a class act. You state your position clearly and back it up with your money.

The bounces today are extraordinary. I see lots of 50% bounces in the cheaper stuff. Incredible.
I am looking at this from a daily or wider timeframe and am trading the bigger picture. I know it does not fit the thread rules, but that's my strength I feel.

In the spirit of Chief's honesty, I will restate my position clearly. I have a target for this rally if it continues a few days. When it gets there, I will go 25% of my cash into shorts and/or puts. I am saving my cash for that and for stocks that have not yet bottomed IMO. In the meantime, I will sell the meager pennies that I hold into this rally.

It's a great day to trade. Again, good luck to everybody.

--Allan
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