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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Benjamin Ng who wrote (4877)3/25/1999 3:30:00 PM
From: the Chief  Read Replies (3) of 62347
 
The wall is the "top of the box" The brokerage "daytraders" throw in a huge number of sell orders at a fixed price. They then put in a huge number of buy orders down about 20 cents from there. This forms the bottom and top of the box.

They then take turns feeding on the shares that people dump in between. When they get there fill they remove the top of the box...and let it fly. I am in because i noticed the box top....my hope is they will remove it in the next 10 minutes and close the stock out at $12.40.....we'll see!!!

the Chief
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