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Gold/Mining/Energy : Canadian Position Trading-looking for technical breakouts.

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To: technbio who wrote (93)9/20/2000 8:40:33 PM
From: Shack   of 128
 
Hi Jacques, BRA.to- I was thinking that it was a risky play on your side

Actually it felt low risk to me because the stock was ready to move in one direction or the other and if it went down, I was gonna bail quick and cut my losses. I had a good feeling it was gonna go up due to the amazing support it was getting at $15 from Dlouhy who had just recommended the stock a few weeks back. Furthermore, BRA (and for that matter Vas too) was holding great while the rest of the Biotechs lost 15% or during the last few weeks. Unusual strength. Well today the Biotechs turned around so that didn't hurt but something is up with Biomira because the volume was huge in the states, after hour trades at $12 (about $18 CDN).
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