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


To: Davy Crockett who wrote (48196)3/3/2001 3:45:21 PM
From: Canuck Dave  Read Replies (3) | Respond to of 62347
 
Just got around to checking the Nortel intraday chart from yesterday. SCARY!!!

1. Is this thing going to go from 124 to 24 in 6 months? Hey, it's only money, what's a digit?

2. Is it going to be a teenager soon?

3. Where's the bottom?

I saw a bunch of articles in the financial press last August about what a great company Nortel was, how investors were constantly rewarded, and what a great future they had. Trader's instincts said SELL NOW, but I kept nibbling at it on the way down, mostly out of boredom. What's the saying, the market will find your weaknesses and punish you for them? Who knew boredom was one of them.

CD