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


To: Ray. who wrote (5550)4/1/1999 9:16:00 AM
From: arisetech  Read Replies (1) | Respond to of 62347
 
More times than not it dips after the market orders go through.Blame it on those "bad" day-traders.LOL
Tim



To: Ray. who wrote (5550)4/1/1999 9:18:00 AM
From: the Chief  Read Replies (2) | Respond to of 62347
 
I presume an open order is a market order! Yes that would be risky IMHO! I never market order anything. The stock looks like it is going to open at 12.35-45 basically a flat to a lower open on a weak demand (less than 60K is weak). So the likelihood is that it will move south to the 12.10 resistance level (produced yesterday) They "may" rally the stock up from there...but I think it will be on low volume. If this rally doesn't hold, then I don't think the 12.10 will hold either and you could get an entry in the high 11's before 10:30 this AM (its 9:14 now)

Thats the theory....but what the hell do I know!!

the Chief