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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (882)	10/21/1998 2:17:00 PM
From: keith massey	Respond to of 4467

Its hard to define "true momentum". Often I see this happen with stocks on the TSE. The stock will fall for some time (around 1 hour). You then have a flat period for 10-15 minutes with prices jumping up and down .10. Right before momentum changes to the upside the stock will get knocked .20-.40 quickly and one or two large +100,000 cross will occur. If the stock starts to uptick after the cross I usually take that as a buy signal and figure the stock was manipulated down. With these crosses taking place on other exchanges this type of trading will stop existing. On the flip side I hate it when my stop gets knocked out so someone can make a cross. I did read that there will be some sort of rule that stocks on different "markets" will need to trade within a certain percentage of each other. Best Regards KEITH