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


To: AriKirA who wrote (8553)4/22/1999 7:19:00 PM
From: the Chief  Read Replies (2) | Respond to of 62348
 
9.50-9.55 seems to be a pretty strong support level.
Bounced off it twice today and we might be bouncing off it for the third time!
Chief, triple bottom?


Sorry, I missed this one. Keith is the master of the "triple bottoms". But here is why I didn't consider the possibilities of a bounce, or consider the triple bottom.

1) No mommentum
2) No demand even small, no "pent up buying building
3) End of day
4) downticking as we approach end of day
5) possibility of a late day flush by the pro's because of lack of demand
6) 10-15 cent gap with no upward mommentum right to the close

Keith....critique me please!

the Chief