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

To: Buckey who wrote (2750)	1/20/1999 2:52:00 PM
From: Wizzer	Respond to of 62348

MCF: I believe there is a large bid of around 25,000 shares at 2.15 providing temporary support at that level. Trading seems to be somewhat static, but I only checked for a few minutes. Regards, Wisam

To: Buckey who wrote (2750)	1/20/1999 2:52:00 PM
From: Chad Barrett	Read Replies (2) \| Respond to of 62348

I have been watching MCF and I'm not ready to get in at this time. The volume is way down! It traded about 3 million in the first 2 hours. Since then it has only traded about 500,000 shares. Also, when I look at today's chart, you can see that in the first 15 minutes or trading it fell below yesterday's close... it hasn't been able to get back above that level since then! Before this becomes a buy again, I think we have to see it move up through yesterday's close, and we need to see more activity again. (the pros could just be sucking up shares right now though... with the intent on running it up again soon.. ?) If it runs up near the close, I might take a position to hold overnight... but without a clear sign near close I'll likely stay away. If you are holding shares right now, have your stop loss in... I guess that's the smartest way to play it... wait and see? Chad