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


To: New Economy who wrote (19378)7/15/1999 3:46:00 PM
From: Cameron  Read Replies (1) | Respond to of 62348
 
Back in MCF 1/3 @ 8.75. Will wait now and see whether the price line gets violated to see whether I buy more today or not.



To: New Economy who wrote (19378)7/15/1999 3:55:00 PM
From: Cameron  Read Replies (2) | Respond to of 62348
 
Ha...ha... well.... you make your rules and you have to follow them.. I might be back in NNC before you know it... I've been waiting for an MCF pullback in any event... it has been niggling at me for hours now... anyhow... NNC had me worried yesterday but turned out great... so I may not have made as much as I could have if I'd sold at $41.60... but it was still quite profitable overall. I guess I'm also a little paranoid after getting caught yesterday on the free fall... <gggg>.

Edit.. of course look at the price now.... !!#()*@#$!!



To: New Economy who wrote (19378)7/15/1999 4:17:00 PM
From: Cameron  Read Replies (1) | Respond to of 62348
 
NE - another reason I sold... although more practical...

Can't trade on-line with Greenline if your margin was utilized the night before...They only update your buying power at night so even when I sold NNC today, I had to call them to pick up some MCF... which I hate doing even if it is only a few dollar more in transaction costs. Since I tend to stay pretty well margined, it really reduces my flexibility to sit on stuff overnight... much better for me to sell at the end of the day and then buy back in the next AM (if I'm using margin) if the opportunity arises on a slight pull back.

I actually do think there is considerably more upside to NNC... I think the fact that it jumped back into its price channel at the end of the day is a good sign. I also think there is big MCF potential right now... I feel like a kid in a candy store... <gggg>. Of course now I'll probably be accused of being in love with MCF again <gggg>!!!!