Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (669)	2/9/1999 7:03:00 AM
From: Andrew	Read Replies (3) of 2259

Hello Ward. That Oil and Gas sector is looking more and more attractive each day. We need a nice cold snap to firm up prices ; ) I'm considering taking a position in POC. I believe a majority of their production is gas. Looks way oversold. I do feel more comfortable trading the banks and I've developed a bit of a feel. For the next few days I'm watching BNS and BMO. Staying away from TD for now, it thinks its a .com. I may buy a few BNS today should be good for a buck or so the next few days. AXL sitting at its major support area, the multi year low around 12.60, could be a good entry point as well. I'd like to hear your opinion on these. A

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