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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Douglas Simpson who wrote (1891)3/18/1999 2:45:00 PM
From: Midas  Read Replies (2) of 5821
 
Douglas:

>There were alot of people who bailed out on Tuesday before the news was even released<

More than likely many of these people, like myself, had stop loss orders in place to protect their gains in case the news was bad or not good enough. All it took was one sale below a stop loss order to start a landslide, which is in all probability exactly what we saw. That is why I was taken out (at a profit), not any inside knowledge.

Midas
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