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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?

To: Leigh McBain who wrote (1619)	4/20/1999 10:04:00 PM
From: bill	Read Replies (1) \| Respond to of 2514

When Cannacord is on the buy side like that, I always pay attention just as when I see them heavily on the sell side, I pay attention. They could just be picking up shares for a customer,of course, but I'd watch the trades tomorrow to see if Cannacord continues to accumulate. If they do, then I'd take that as a bullish signal. The one danger is that they seem quite willing to trade for nickle and dime profits, making up for price with volume. They could get in and out very fast,say at 29, while everyone is sitting around saying "When's the real action going to start." I trade through Greenline so I hope no one takes offense when I say that when I see Greenline as the major buyer I start to get nervous. Those are all us small retail investors and we often go down in flames, buying at the high, selling at the low. If I saw Cannacord on the sell side and Greenline on the buy side, I'd be looking for an exit point. None of this may be valid, of course, but we do our best to test the wind.