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

To: seismic_guru who wrote (41633)	9/11/2000 12:27:18 AM
From: The Devil Dog	Read Replies (1) \| Respond to of 62347

Nice to be back SG ;O) Here my first short, as quoted from July 24 on Wards thread. To: Ward Nicholson who wrote (2145) From: Wayne Balkwill Monday, Jul 24, 2000 7:33 PM ET Reply # of 2169 Pretty sure this will prove interesting. FLY.a with in the last 2 years has built in a pretty difficult resistance level of 5.50 . Just cant get past it for nothing. They just had a good earnings report, partly because of an acqusition and selling of non core assests. Now if this baby doesnt get past that resistance on that news short it for at least a 1.50 profit. If it does break the 5.50 resistance she goes to 9.50. Gonna be watching closely. Correct me if Im wrong, but the chart is text book trading ranges. Best regards to you all. WB Well she has now hit 9.50 as of friday , intraday high of 10.00. key resistance, possible weak market, should almost {ggg} be a sure thing ;O) might be more than a 3 day hold though. It has a smidgent of support around the 7.50 range but basically is a free to go back to 5.00 Price by volume shows lots of buyers between here and 14.00 probably just dying to get out at breakeven from the last 4 years IMHO. No compelling story to keep it here at these levels from what I can see. Just thinkin aloud , looking as far back as 4 years on that chart to tell the story. Im a tad out of practice right now so U all be careful , might be worth the second look ;O) WB