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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Buckey who wrote (13327)5/18/1999 12:06:00 PM
From: keith massey  Read Replies (3) of 62348
 
Out of half of OCX bought yesterday...good for $1.65 gain. I don't want to be holding a full position just in case the Feds do something stupid. Other half is going in the medium term account.

Just in case anyone cares...Gold is at a third bottom and $2 away from a new low. If Fed tightens or raises rates there should be a some money moving into ABX and PDG (and other gold producers) very quickly as a hedge against inflation. It might be worth throwing a couple of the high volume gold producers on the ticker. Those quickest on the draw win. I don't have a position in any gold stocks and don't plan on buying until I hear the news and see a move up.

Best Regards
KEITH
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