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


To: Wizzer who wrote (3312)2/3/1999 8:34:00 AM
From: the Chief  Read Replies (2) | Respond to of 62348
 
MCF, if it falls to the $1.45-47 level and holds it will be a buy, if it falls thru there next support level is $1.25
BII if it breaks 6.00 watch for support and bounce around 5.45-50
I don't think BII will hold above $6.00 today. The closing rally of $6.05-6.40 was done with little support or momentum
S&P Futures are down 4.30 at this point and look like they may head down further before open.
For those that don't mind playing spreads on low share volume look at SSX-A you can buy at .65-70 and sell at .80 but on low share allocation.
ATY will likely fall another $1.00 today (good for a short...maybe)

In a preparation of a "flight to quality". The brokerages have issued a "blue chip overprice warning". This will likely orchestrate the subtle but continual fall of stocks like NTL/BCE etc by a couple of more points. This will facilitate a price rise when the brokerages then tell everyone to "fly to quality again".They will be loading up while the price is falling, good time for a "short" short and then ride the uptrend.

comments ?

the Chief