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


To: technbio who wrote (45466)11/23/2000 10:54:26 PM
From: Davy Crockett  Respond to of 62347
 
Hi Jacques,

<<STOP STOP STOP

They've got to be there sometimes you'll miss the
rebound but when you miss the drain you are
really happy>>

Well said!

||
|| WHOOSH!!! Down the
|| drain!
\||/
\/
I have learned my lesson... from this day forward;
I will only play stocks that have lots of liquidity.
(minimum 50,000 shares traded daily average).
Again your right, it comes back to stops.
For example, I had
a mental stop on MKX @ $2.31 and when it started
the decline a couple of days ago I put in a limit
sale of @2.40... obviously I wasn't filled. Then
to top things off... I didn't get out on the rebound....
(Good thing it was only 3% of my portfolio)

Live & Learn... sometimes it is painful.
(You would of thought that I learned that
lesson from the IW trade a few weeks ago...)

Another question. Are hard bounce retracements
& then the fade, typical of thinly traded stocks that crash?

TIA,
Peter