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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (1346)6/24/1999 11:29:00 PM
From: kingfisher  Respond to of 2259
 
STY.

Not much liquidity but next quarterly out in July and my bets are that they will surprise and show a return to profitability.My target is $4.50 within 1 month.Selling from short term money dismayed in failed shareholder enhancement plan appears to have stopped.Having said that, a half point increase next week in interest rates could flush out more sellers.

Richard
P.S I have been accumulating at and below $3.



To: Ward Nicholson who wrote (1346)6/25/1999 12:53:00 AM
From: Bruce Morgan  Read Replies (3) | Respond to of 2259
 
A:

Almost took the plunge myself but had the same thought you did, wait till tomorrow am. One thing I'm learning is to have a little more patience and wait till you see a definite move. With position trading you have a little time to analyze what's happening. I would like to daytrade more but need to learn how to control my emotions in the thick of the battle. The other problem is timely executions. Although I mostly trade online it is still way to slow for daytrading.

Bruce