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Gold/Mining/Energy : The 1999 SI $1.00 & Under Canadian Stock Market Contes -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (146)1/8/1999 8:43:00 PM
From: Chad Barrett  Read Replies (2) | Respond to of 740
 
Buckey,

I don't particularly like that idea... it would be better to just use end of day prices. Otherwise it will make no sense for anyone to EVER post a trade during the middle of the trading day (they would ALWAYS be better off to wait until after the markets close using the proposed new system! ALWAYS!)

I personally think that using closing prices at the end of the day makes sense considering the administrative work involved. It could get hectic for you to try to keep track of mid-day trades! But if you want to do it that way, it adds an extra dimension to the "game"...

Chad