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


To: the Chief who wrote (457)11/30/1998 9:09:00 AM
From: Buckey  Read Replies (1) | Respond to of 62348
 
YOu wanna see some fun action just watch the bid/ask bobbing around on BII - I have seen it as high as 6 on both sides with over a 100 k.

As bids and asks at market are added and deleted it jumps around according to the larger side - I think. For most of the last 20 minutes it has been between 5.50 and 6. I think it will hold this gap up on open but what happens just after the intial orders are filled??????????????

I am on the sideline today



To: the Chief who wrote (457)11/30/1998 9:24:00 AM
From: Mr. Oil  Read Replies (1) | Respond to of 62348
 
Thanks Chief, I don't want to question your philosophy on trading too much because I
think you demonstrated last week that it seems to work very well. Given the hype in
internet stocks generally though and the apparent interest in BII today with opening
bids as have been posted, I am wondering if today will be a doubler similar to US
internets and the only way to get in here is a market at open bid. This is crazy stuff we
are witnessing. Have you calculated if you had actually bought and held what your
profit would be as opposed to day trading it. In other words is this moving too fast to
day trade effectively where buy and hold works best? This may be Canada's internet
stock story of the week, month or what ever. We may have to pay $10 tomorrow.

Ray