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

To: the Chief who wrote (8253)	4/21/1999 10:00:00 PM
From: VisionsOfSugarplums	Read Replies (1) \| Respond to of 62348

Thanks for all the info on the stops and trading - it is very helpful. Do any of you place stops just below or at resistance levels? Ex/ Mcf today - it bounced off the approx. $3.40 range a few times (and down to around $3.10 - $3.20 or so). I bought in near close when it looked like it had decently broken $3.40 - stop at $3.39, stop limit ?. Do you think this would have been too tight had the market completely reversed itself (hypothetical - say if someone started dumping at last minute). I was thinking if it broke back through the $3.40 support it was going down and it would be better if I had my stop just below the the support level. If I placed a stop using 10%, that would have been close to a previous support level and I might have been stopped out right before it started to go back up again and after having lost 10% of my investment. TIA. Regards, t.