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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (19464)7/16/1999 3:00:00 PM
From: Cameron  Respond to of 62348
 
House 58 is Nomura now (according to CSW trade workstation) ... no idea who they'd be buying for... either an institutional client or one of the funds managed by their subsidiaries as detailed at their web site???... the volume they're picking up would indicate that it is likely not a retail client... but then who knows.... In any event, if they're buying 41,000 (which they're up to now), they're likely buying a lot more.. it seems like a strong signal to me that the price direction will be up...

At the same time, as the price has been drifting gradually up with their buying..... someone builds a wall with a sell order for 10,000 shares (1 order)... certainly took some of the steam out of the increase... but then options are expiring and who knows what games are being played....

Note... this is all just speculation on my part on a boring Friday PM and has nothing to do with daytrading .... in fact, they could simply be arbitraging between the TSE and NYSE (but on only one side???).... still, it is interesting <ggggg>!!!