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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: The Devil Dog who wrote (12903)5/14/1999 11:04:00 AM
From: keith massey  Read Replies (1) of 62348
 
Wayne...

After a great couple of months this last week has been brutal. First NCT and then CLS and missed the bounce on LTV even know I was looking for it. Neither NCT or CLS were big losses but do you ever feel out of sink with the market. The only profit I made this week were off of a couple of small penny trades.

My old "favorite" NCT looks like it is going to try for a new bottom on volume. I love the excuse for the lower profits.."we forgot about the 1.1 billion we had sitting around and didn't securitze it...sorry"

Interesting article in the globe today on NCT

It made $36-million in the quarter, 11 cents or 31 per cent short of analysts' expectations. Had Newcourt met its securitization deadline and booked the $30-million in fees, it would have made 45 cents a share or $66-million in the quarter, well ahead of analysts' expectations.

I'm still hoping for a bounce on NCT but am not holding any...I vowed I wouldn't play again but if the time is right I may just break my vow.

Best Regards
KEITH
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