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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Rocket Red who wrote (7394)4/17/1999 2:41:00 PM
From: the Chief  Read Replies (1) of 62348
 
If the brokerages really want it, they will open it up at about $13.00 and let it run to $13.60 then force it down and hold it at $12.00 collecting shares. They could also try a few very fast flushes trying to hit the daytraders stops, like they did with BII in the $16.00-$12.00 range...and like they did from $15.00 to $11.30 with GLE Friday!

If the brokerages don't want it...they'll open it more conservetively.(12.00)..push it higher to $14.50 then flush to $11.00

Or they could completely ignore it!!!<ggg>

So what I am saying is no pattern has been established in this price range, but by the end of the week I expect the stock to be in the $13.00 range! The folowing week will be the subtle ramp up!

the Chief
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