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


To: couldawoulda who wrote (55546)7/9/2002 11:32:17 AM
From: Swami  Read Replies (1) | Respond to of 62348
 
Check out the chart on MHM.tse up 6% today formerly called Premdoor..typical contruction stock..but...already looking topy..sooo..i dont know ..i just daytrade and leave the predicting to NG..LOL..agreed about energy and alternate energy stocks..long term good buys in those sectors..BLD anyone..?



To: couldawoulda who wrote (55546)7/9/2002 11:41:09 AM
From: the Chief  Read Replies (2) | Respond to of 62348
 
my guess is Alt energy stocks are dead until something substantial comes out of the US congress indicating a more agressive alt energy policy. The easiest thing to do IMHO is play the .20-30c spreads on med/high volume stocks in the interim. Don't bother with sectors, look for reasonable swings in any group. Golds can be played for .40c swings, oils, and even some teckies.

I think Buffets investment in LVLT will have people looking at EXF,JDU,EMC and others...this will create some shortterm mommentum as some try to buy the perceived bottom, that in turn will cause some short covering which will propel the stock artificially higher, thats the time to bail. It will be artifcial, because as we approach earnings season again, insider selling has abated.

I think I am insulted by Nicholas's post....but I look back at all his posts and find that he has no place on a DT thread that I can see.....must be his need for an audience....otherwise I can't figure it??