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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Ward Nicholson who wrote (37322)5/24/2000 9:12:00 AM
From: bigbuk  Read Replies (2) of 62348
 
only ugly for longs that don't cut losses.
we are in a scalpers mkt..

don't forget to post your trades guys LOL

To: Shack who wrote (36353)
From: bigbuk
Tuesday, May 2, 2000 5:50 PM ET
Reply # of 37325

RIM-I would expect a lot of resistance at the $75 level which is where many
bought in
on the big drop hoping for a rebound. They will be able to get out even.


This is where the sellers are coming from. Every ut bring in sellers that just want to
break even that were buying on way down or averaging down. Lots of volatility daily
but 4000 test on Monday did not happen.
We not done south yet imo. 3200 coming and next step 2850 before any big upside.
Just my thoughts.
Holding very little overnight and scalp mostly Naz as the execution is second to none.
RIMM 3 round trips today.

CHeers, BB
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