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Gold/Mining/Energy : Day trading in Canada

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To: the Chief who wrote (937)10/31/1998 5:52:00 PM
From: Wizzer  Read Replies (2) of 4467
 
I nailed CRN and DML on Friday and wouldn't even consider on holding overnight on any of them!

I wouldn't hold those overnight also, because of past experiences. At one point near the end of the day on CRN and DML, I noticed the ASK SIZE was 4 times as large as the BID SIZE. This was an indication to get out for me, while I could. I don't have real-time market depth yet, but I used the SIZE to my advantage that way based on simple market economics (whether it is valid or not). I am really at a disadvantage with respect to the rest of you, because all I can use right now is real-time quotes with SIZE. One day soon, I will get the "full meal deal" with Stockwatch.
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