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

To: chopper who wrote (14227)	5/23/1999 5:04:00 PM
From: keith massey	Read Replies (2) \| Respond to of 62347

I think 1st-mate is looking for stocks that gapped down so he can find patterns that a stock follows in the days and weeks after they gap down huge. Although each case is different I normally see 4-5 patterns that come up time and time again. The hard part is to figure out what pattern the stock that is gapping down is going to follow in the following days and weeks. If it was easy, everyone would do it. Anyone want to comment on their gap down strategies....a couple of the basic rules that I like to follow: ...stocks always TRY and fill a gap although many of them don't succeed. ...the safest short is when the stock rallies to the bottom of the gap down ...the safest long is when the gap down has been filled with a gap up. Best Regards KEITH

To: chopper who wrote (14227)	5/24/1999 9:39:00 PM
From: bugssy	Respond to of 62347

i have been holding this one for a while and havew followed it quite closely. it all depends on weather they can put their business plan together in the 30 days if they show signs of accomplishment this stock wil fly it could be up 4 or 5 hundred per cent in just a few days as it has done in the past. if the continue to have problems we may see the stock decline even more. it is definetly one to watch because if we get the news those of us holding are looking for we will have a nice tidy profit. and we coulod see 10 bucks again if they fullfill their business plan. if any one wants more info or insight i will be happy to post it. it is quite a saga though a lot of things have caused the price decline. but only one thing is needed to bring it back up and thats what we are waiting for.