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

To: keith massey who wrote (14202)	5/21/1999 11:46:00 PM
From: S.Y.R.	Respond to of 62347

Well, the pain was more emotional than financial. I made most of my money back daytrading NLC after the drop. But now I have a new found respect about the risk of owning stocks. I had always thought that the price of a stock was more or less continuous from day to day. A small gap up or down here or there. I never expected a 75% overnight drop in price for a stock with a sound business and strong balance sheets. I have not hold anything overnight since (which is over reacting, I'm aware of that, I just need to get over it). And yes, NLC is near/at the bottom. And I'll probably be in when it rise from the dead. SYR

To: keith massey who wrote (14202)	5/22/1999 9:48:00 AM
From: Buckey	Read Replies (1) \| Respond to of 62347

keith = I too have been watching NLC for signs of life. I did very well with it the first time. The escond hit to the $3 level I got out at cost but actually have 200 shares booting around in a RRSP acct. One could argue that I should have stopped out those. I suupose but they are now only at the ACB - I will not buy NLC at any level unless I see a reason to. I will buy NLC when the strentgh shows - Yes it coulb become a daytrade agaain - another deal of another massive sellloff would prompt both. more subtle strentgh will make it a Longer term buy. At this point - watching only and I too will post on that thread or here depending on whoch type of buy it is.