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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (1214)6/2/1999 7:56:00 PM
From: Bruce Morgan  Read Replies (1) | Respond to of 2259
 
A

I had Abitibi & Alliance ALP as a possible buy today and as volume looked good early with Abitibi I decided to get in. Abitibi went nowhere and ALP went up a 1.30, oh well that's the breaks. Decent volume the last two days for A but a lot of crosses going through accounting for a good chunk of them trades. Seems to have support in the 15.00 area. After these crosses get finished I'm hoping for a move up.

Any additional thoughts welcome



To: keith massey who wrote (1214)6/3/1999 2:56:00 PM
From: keith massey  Read Replies (1) | Respond to of 2259
 
AAH

Just for follow-up. When I didn't see a strong opening I sold half my shares at $5.70-5.75 (.55-.60 gain). The other half now has a cost of $4.65. I put a stop loss in at $4.80 on those shares. This company has some good fundamentals so I am going to hold it for a while. I put a loose stop lose on it to give it room to move. If I get stopped out I break even.

Best Regards
KEITH


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