Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: HiStakes who wrote (979)	11/2/1998 7:35:00 PM
From: the Chief	Read Replies (2) of 4467

Newcourt is reacting "like Canadian banks" to the possibility of another US interest rate cut....which will result in a Canuck rate cut! US manufacturing numbers came out saying things are slowing down...which led to the assumption another rate cut will occur. Chart looks "ballistic" ! If you think you are going to trade this one, then put up a couple of realtime Java charts (intraday) on the banks(as well as NCT ....as soon as they look like they are losing momentum...assuming they show some tomorrow...then bail! MOO the Chief

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