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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: hsg who wrote (927)7/6/1999 2:02:00 PM
From: John Paquet  Respond to of 1239
 
Yap, SKG indeed, hit that 235, not exactly what I would like to see.

But 235 looks very strong support bid 683 lots.

I was a bit too optimistic, it appears that skg trading ranges between 235 and 285.

Canadian I-stocks still appear slow pace comparing that Nasdaq stocks every day new hi. So is DOW stocks, both DOW and NASDAQ beat the hell out of this SKG these two days.

But SKG short term still bullish, soon will be back that 285, Promoters did not take actions yet. I have not heard they call me yet. I expect they will very shortly.

GTR down to 350 this morning now at 362 down 14, no volume at all.

MCF I locked in big profits into my money bags. My money bags grow bigger a bit this morning.

Soon, I will lock in that profits from SKG, too.

The key to play stock market is buy low sell hi.

Buy low is very important, as you buy low any time you become a winner already. And don't be greedy, like MCF, a big jume more than $1.50 is large profits as far as I am concerned.

There are thousand and thousand of stocks or black horse for you to pick. So go figure.

Again, SKG, that 235 or 240 is a steal.

These few days due to two holidays {canada & Uncle Sam} disturb SKG's bullish move. After a day or two bull will come back.

To me, SKG 235 is the low, buy at 235 or 240 is a winner already. I supposed I could lock in my profits when 280-285 was hit, but I was bullish that SKG would re-test that 330 and that 490 even. You see.

Again, this is my game plan or trading strategy. Buy low and sell hi. That is all.

John Paquet