Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: Kevin Hamlin who wrote (823)	10/12/1998 4:46:00 PM
From: keith massey	Read Replies (1) of 4467

I know a lot of people on this thread are not but big T.A fans - however IMHO being able to identify regular patterns on medium and short term charts can be a huge benefit to your trading. A good write up for beginners on Elliott wave formation - it is a short but informative read. I have seen this type of formation again and again in the stocks that we often talk mention. Going up tradingtech.com Going down tradingtech.com Best Regards KEITH Kevin - I always thought the only difference between a brokered and non-brokered private placement was that the company sets up non-brokered P.P's themselves, does the proper exchange paper work themselves and save on broker fees. Broker fees can often be 10-15% of the total P.P which is fairly costly. Most insider P.P's that I have seen are non-brokered. In addition most non-brokered P.P's only involve one or two people. I don't think the size of the P.P doesn't make a difference if it is brokered or non-brokered. I think in brokered P.P's the company decides that it want to do a P.P for X amount of dollars. The brokerage then goes out and finds people willing to take down a chunk of the P.P and gets paid for its work. You often see brokered P.P's involving 20 or more people. That is how I have always thought it worked - can anyone correct me? Best Regards KEITH

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