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

To: Buckey who wrote (47730)	2/15/2001 7:26:34 PM
From: parker_meridian	Read Replies (3) \| Respond to of 62348

At some point...everyone has to learn about cutting losses. Takes some longer then others... Think stops people...think stops

To: Buckey who wrote (47730)	2/15/2001 7:30:20 PM
From: Canuck Dave	Respond to of 62348

That's the trouble with today's markets. If you want to make money, you've got to be very vigilant. And fast. And gutsy. Boy, I didn't think Nortel would see 30 this fast. Maybe 40 this month, but batten the hatches, going to be a storm tomorrow. I was thinking today that if I'd gone in yesterday around noon (Eastern), I could have made 10% on my money. Flip side is leave it one more closing and lose 35%. Think I'll stay cash a little while longer. Maybe it's time to start following puts and calls closer. CD