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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Terr who wrote (729)10/7/1998 6:48:00 PM
From: keith massey  Read Replies (1) | Respond to of 4467
 
Well today was a nice surprise. I still think the gold stocks in general are overvalued but that didn't stop me from taking a ride on ABX today. However no really money has started flowing into the junior mining companies yet.

I bought ABX on opening and got my stop loss tripped 20 minutes later for a loss. Stupid mistake buying on opening. Got back in a couple hours later and more than made up for the loss. I'm not brave enough to hold overnight so I got out shortly before close. I keep waiting for the sky to come crashing down but it just keeps moving higher and higher.

Chief - Gold was around $380 the last time ABX traded at these levels. Hard to believe.

Best Regards
KEITH