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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: George Hassen who wrote (12327)5/11/1999 12:01:00 PM
From: keith massey  Read Replies (2) of 62348
 
NCT can anyone predict the bottom

I can only guess based on resistance levels....$25 is now more than a two year low. There was a very big resistance level in the low $25's a couple of years ago...this hopefully will act as the ultimate support but time can only tell. CIT just trade at $29 1/8...that would put NCT at $41 if the deal went through. I guess the market is totally discounting the deal at this point. The shorts are in there glory at this point and are testing the pain level of everyone long at this point. A lot of people are feeling a ton of pain at this point....

Best Regards
KEITH
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