SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Lynx who wrote (23849)11/9/1999 12:47:00 PM
From: The Devil Dog  Read Replies (1) | Respond to of 62348
 
Sold my COR for 11.85, think were headed for a slaughter,
dont really know, took a 5 cent hit. Will pick up some
more closer to the end of the day.

WB



To: Lynx who wrote (23849)11/9/1999 12:55:00 PM
From: the Chief  Read Replies (2) | Respond to of 62348
 
OT- Hi Lynx. Just a note of caution when looking for "investments"at this time of the year. Because this rally in 99 was not a broadbased rally, you will find significant "tax loss selling" this year.

ie. CRW's 52 week high is 21.50 which means that as the next couple of weeks unfold it likely will be subjected, like many others, to that tax loss selling and significant downpressure. That doesn't mean it will fall, just that it will come under pressure(IMHO)

I will be waiting to bottom feed on the selloffs. A strategy to consider is look for weak support on stocks that have taken a 30% hit this year or greater and look at shorting into the first week of December.

Just a thought.....

the Chief