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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: keith massey who wrote (15059)5/28/1999 4:13:00 PM
From: Wizzer  Read Replies (3) of 62347
 
NLC: Closed strong at $3 today. I always find the $3 mark to be significant in my decision to hold or not to hold. $3 is the point where margin is available on a stock. This increases buying pressure as investors have "extra money" to play with in their margin. Stock wanted to close above $3, but I expected there to be investors clearing out their stocks for the weekend keeping the price down a little.

Holding over the weekend. I am still within the 72 hour hold for a daytrade criteria. Monday will be decision day for me.

Regards, Wisam
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