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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: DaveU who wrote (14480)5/26/1999 10:53:00 AM
From: the Chief  Read Replies (2) of 62348
 
MCF their is no easy answer here. Normally a group of companies will let a stock fall until it creates its own base of support, until it does they bail, then when supoort is established they then flood the bids to support that base.....they didn't do it where i expected it...which is at this critical support level. Now we watch to see if they'll let it slip into the $5's....the drop into 5.90 didn't fire any stop losses (8000 shares) of consequence, so it should stabilize here!

the Chief
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