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


To: Earl Pyatt who wrote (1952)1/12/2000 11:28:00 AM
From: TheMajor  Read Replies (1) | Respond to of 2259
 
LDM: $6:15
Ouch! Not a haircut but a buzz cut!! Guess I now have a LT investment.
I thought the previous low of $7:45 +/- would stand me in good stead for support. Ha! That concept worked nicely for me on AGU but fell flat here. So, we're in uncharted territory. Seems to me, anecdotally, that LDM has bounced off $6:05/10 which may give us some hope. But, all bets are off for me. I'll hold and see where this takes us.
One positive, maybe, and that, if I recall correctly, is that Grainger is a "bus" man which is where LDM is going to be from here on in. No more of "Bullock's follies" so I think that makes for a positive. FWIW.
Kind regards
TM



To: Earl Pyatt who wrote (1952)1/12/2000 7:55:00 PM
From: TheMajor  Read Replies (1) | Respond to of 2259
 
LDM:
Tough day at the office on this one. Eleven million shares traded! Saw some quick in and outs on The Chief's thread between the low of $5.75 and $6.00/$6.25. Gutsy moves. Too much for me. I'll wait to see if this is where she stabilizes or whether more of the cliff is going to give way.
Kind regards
TM