Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Alex Law who wrote (15979)	6/7/1999 11:41:00 AM
From: Kevin Hamlin	Read Replies (2) of 62348

MLT on Toronto. Some huge buying just came in and strong turn up on the intraday chart. I've been playing it as a position trade since last Wednesday, but as of just now, it's become a daytrade as well imho. Midland has been buying a lot of it since last Wednesday...now up over 300,000 shares. Today it gapped up to open at $8.70. $8.50 was big resistance on Friday. It tested back to the $8.50 level this morning, but it acted as support today (rather than resistance from Friday). MTL was hovering around the $8.60 level until a few moments ago when it just jumped up to $8.75 Midland just got very agressive..now up over 85,000 shares on the day. Not sure what is moving it, but the buying is very strong. regards, kevin

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