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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (17811)6/28/1999 2:35:00 PM
From: the Chief  Read Replies (2) | Respond to of 62348
 
I know one CDN portfolio manager who just put out a huge buy recommendation at $22. Betcha he's getting the phone-heat today.

Probably not....he probably sold into his own buy recommendation and looks like a hero to his bosses!!<ggg>

the Chief



To: Ward Nicholson who wrote (17811)6/28/1999 2:55:00 PM
From: keith massey  Read Replies (1) | Respond to of 62348
 
I fell into the "it can't go much lower" spell

That witch must have cast the same spell on both of us. Good thing common sense kicked in and got me out of the stock without a loss (got lucky on a couple of quick flip and then kicked out on a stop loss). After it broke $25 I didn't touch it but like yourself I am kicking my ass for not going short a long time ago.

Like I posted on the Day Trading in Canada Thread

Two rules to live by;

Rule #1) The Market is always right.
Rule #2) If the market is wrong, see rule number one.

I should have listened to the market on NCT and not tried to catch a floor. Another lesson well learned.

Best Regards
KEITH