Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: the Chief who wrote (12722)	5/13/1999 11:31:00 AM
From: Roderick	Read Replies (1) \| Respond to of 62348

BII: Chief: Unfortunately, I did not have the privilege of having KM as a part time TA tutor when I bought my now-LT BII shares (investments as Buckey calls them). Regrettably I bought them just about when you put your order in for your truck <g>. I have tucked those LT shares in the sell at 25 range to make up for the PAIN I felt during the post-Nas shake out. To make a long reply short -- I will not DT BII until I can sell 1/2 of my LT BII shares. Then again.... rod Edit: broke 19 RTQ 18.80

To: the Chief who wrote (12722)	5/13/1999 12:15:00 PM
From: Greg from Edmonton	Respond to of 62348

One ould put a buy stop at 19.30 with a limit of 19.35 if you believe your own analysis...just in case<ggg>....just a thought! Since yesterday's discussion of short squeezes and covering using stop buy orders I have wondered if it might be a good strategy to use with a fairly volatile stock which might be 'expectant' of news. The buy strategy would be to set a stop buy order just above a stock's trading range in case of a breakout and re-evaluate daily. In the case of GLE yesterday $8.35 buy and $8.60 limit would have worked out really well if you were not able to watch the activity all day long. And of course the sell strategy would be to follow the price increases with trailing stop loss orders (again, just below the trading range) to lock in profit. Disadvantages? As long as the stops were set far enough out of the normal trading range for you not to get 'whipsawed', it sounds OK. I already know about the hazards of low-balling a buy order, which would be having the order get filled on downward MOMO (not from first-hand experience, thankfully). Decent chances of catching some upward MOMO? Any other comments in addition to what I've said here?