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 Devil Dog who wrote (15700)	6/3/1999 11:45:00 AM
From: Ron Schier	Respond to of 62348

RIM Chart saying your TOAST

To: The Devil Dog who wrote (15700)	6/3/1999 11:50:00 AM
From: Ward Nicholson	Read Replies (3) \| Respond to of 62348

Wayne: "It can't keep this run up forever." Just a quick comment from someone who's been in your position. NEVER try to rationalize your position with the above logic. Decide right now what you'll accept as your maximum loss and set your stop. If the trade goes against you then bite your lip and take your loss. Run-ups like these may not be justified, but the buying acts like like fire...it can spread very quickly. BII was a good example. WN

To: The Devil Dog who wrote (15700)	6/3/1999 11:53:00 AM
From: the Chief	Respond to of 62348

It appears I am back on line!!! I agree with Ward. What happens is the people that are short, are all saying that it'll come down.....it keeps going up....then fear that it will go up further causes some shorts to cover, which drives it up further causing the ones that have procrastinate to get very nervous, which causes more to cover, driving the price further...last guy to cover losses....unless it reverses!! just like any purchase a stop is needed! Bell Canada is working on my phone lines so I will be "in and out" of SI all day. Friday as well, they are working on our street, running new cables!! God I wish I had a cable connection!! the Chief