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Gold/Mining/Energy : Position Trading in Canada

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To: Bruce Morgan who wrote (929)4/14/1999 10:11:00 PM
From: keith massey  Read Replies (1) of 2259
 
Hey Bruce

I almost added LDM to the list since it is one I follow daily. However I am undecided what way this stock is going. The stock already tried to fill the gap (caught part of the run). $10 is now a big support level (March 9,10 and bottom of the gap up). I personally would use a stop loss just below the current level if I was holding because if it breaks it by more than a few percent it is going down fairly hard in my opinion. Personally I am looking for indications of a bounce off this level with $11 being a big resistance point. Not sure if this helps. Of course this is they way I read the chart but I do wear glass so who knows.

Best Regards
KEITH
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