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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: Swami who wrote (52386)7/26/2001 1:34:05 PM
From: Ward Nicholson  Read Replies (2) of 62347
 
I didn't necessarily mean we were going up either. What I meant was
that the risk:reward for being short at this level just isn't appealing.

Just as NT kited last year at this time in the $120s and ended up
reversing when upside volume fell off, so could we reverse here as
NT is dragging it's ass (volume is dropping) to lower levels.

That being said, I'm also prepared to see significant resistance at $12.00.
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