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Gold/Mining/Energy : Games Trader

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To: goldsnow who wrote (1179)9/15/1999 12:45:00 PM
From: John Paquet  Read Replies (1) of 1239
 
I really appreciate you input by introducing lots potential money making opportunities on this Thread. But as I mention my strategy is by watching one or or three stocks very closely at a time, and by watching other stocks not as closely as the important two or three in order to master the every detail trading so that I could fully measure the strength of the price movement. In order words, I like to know what the heck is going on on the prive movement.

For example I noticed that GTR is about to crash as even yesterday there was an order to get out by competing the ask side by lowering eeven a penny from $4.65 to $4.64 indicationg this seller is in a hurry to rush out, and he could not even get out at $4.64 he will lower to $4.60 or $4.55 or $4.45 etc...... and I also notice that $4.40 , I see lots of stop order place right on that $4.40 or $4.39 once it touch market order will kick in then what "SNOW Ball" effects, down GTR she goes, down down like an avanlance, there is no way to stop this cracking, absolutely no way, that is what the market it is. You see.

So when You are committed to a stocks or two, be watchful win or lose depends on it.

Another example, I noticed that a small behavior of THAT SKG, the most beautiful dark black horse which would help me make lots of Canadian money despits sssher status is penny, I noticed 720 buy order @.20, today a large buy order @.205 indicating bid side are willing to pay additional .005 c to compete, it means strength of the price movement.

Also it indicates that some NR, I bet will a good one, other wise why the hell bid side sneaking a .005 cents in order to posseeion of this beautiful dark black PENNY, { did it make any sense to you!!}

It makes lots of sense to me you see.

Watch the tape and NR very closely that is why only watch one or two or three that is all, the other stocks watch once a week or so, until you are committed to buy or sell then watch closely the tape and NR of course.

John Paquet
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