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

To: Andrew who wrote (705)2/10/1999 9:52:00 PM
From: Ward Nicholson  Read Replies (1) | Respond to of 2259
 
Oil & gas:

Yep...gets more attractive by the hour. I have to admit that
I've been daytrading this sector. I can feel the bottom on
most of these...AXL, RGO, CXY, TLM, POC, but that doesn't mean
I'm willing to position trade them just yet. Only one: HTR.

My god this sector has been ravaged.

WN



To: Andrew who wrote (705)2/16/1999 2:38:00 AM
From: Ward Nicholson  Respond to of 2259
 
AXL:

AXL broke it's short-term downtrend last week and
it seems to be holding its gains. Could go for a mini-run
here.

POC...same thing.

I think these are both ones to watch, besides <ahem> HTR.

WN



To: Andrew who wrote (705)3/1/1999 8:24:00 PM
From: Ward Nicholson  Read Replies (2) | Respond to of 2259
 
CXY, TLM, POC, CNQ...take your pick.

Firesale on ANYTHING related to oil. This is brutal.
I get this feeling that we're going to have a "bungy"-type
bottom in the oil sector. Everything is going to drop
another 10-20% and then spike north. I still won't do any
position trading in this sector just yet.

WN


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