Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Syncrude who wrote (3429)	2/3/1999 10:33:00 PM
From: the Chief	Read Replies (3) of 62347

Just a point that I think might be appropriate at this point! I think you are both splitting hairs!<gg> The stock lost 35% of its value today, the stock is probably good for a daytrade...the longterm worth of the stock is irrelevant. I agree syncrude that the likelihood of continuing large profits may been deminished, but its the determination of an "oversold" condition and at what point to get in. These guys determined $6ish as the number, in the end they'll either be proven right or wrong. If wrong then we can use all of this stuff to embarass them (its in the rules) if they are correct, you'll have to eat crow!!<ggg> In the meantime, I chose to bail with a commish loss only, because of the 50K withdrawl (the bottom of the box) Remember... guys/gals...we only chuck sh*t after a person is out. During the time a person is holding paper, we don't need to promote "insecurities" it makes you second guess yourself and thats just as bad as a bad trade!! When in a trade, one shouldn't try and second guess the worth of a company he probably hasn't heard of before, either!!Or for that matter Kevin feel you have to justify it. If I have misintrepreted anything here...I apologize in advance! When giving unwanted advice I always sign as Papa Smurf Signed Papa Smurf!!

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