MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP? Message Board

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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?

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To: Carol who wrote (405)	5/3/1997 12:25:00 AM
From: James Berg	of 751

Market depth shows the closest 5 price points where orders are placed from where the stock last traded, with real time numbers. So you are able to tell what orders are placed on both bid and ask side, ie how many shares at each price and the number of orders. From that info, you can get a pretty good feel for how much resistance or how much support a stock will have so you can plan your strategy if trading actively. Market depth requires at least a trader account with unlimited real-time quotes, as well as the exchange royalty and market depth fees. The total is about ($20 + $6 + $12 + $10) = $48 Canadian per month assuming a trader account for a U.S. investor. I've already resolved to subscribe to the market depth as soon as I intend to start selling any of my Canadian stocks as I'm sure it will pay for itself quickly. --James

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