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

To: Buckey who wrote (14367)	5/25/1999 1:56:00 PM
From: keith massey	Read Replies (1) \| Respond to of 62348

Just a friendly word of warning...make sure your stops are in on YRI. Although the numbers were huge, they were over very narrow ranges. This often results in people not knowing geology thinking it is the motherload but really it could just be a very nice vein which can't be mined cheaply. In the past I have seen stocks run like crazy on results like these and pull back just as fast when people do the math. This might not be the case with YRI but I wouldn't want to put my neck out to far...just look at the past runs on YRI or SJD for comparison. Of course this is day trading so play the momentum. Even with a vein these stock sometimes sky rocket over a couple of days..this is a warning to all the people that aren't using stops. I would hate to see this turn into an long term investment if things turn around. Best Regards KEITH