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


To: keith massey who wrote (3006)4/28/1999 8:57:00 PM
From: VisionsOfSugarplums  Read Replies (2) | Respond to of 4467
 
Does anyone know a good news service? Looking for one that provides news releases on a timely basis (preferably as soon as they come out and not edited), for which a portfolio of stocks can be set up, and that isn't too costly.

TIA,
t.



To: keith massey who wrote (3006)4/28/1999 9:21:00 PM
From: quickcat  Read Replies (1) | Respond to of 4467
 
Keith --thank you , the chief and others- for your posts today- you sure have great patience, answering all these rookie questions

My rookie question-

1.I definitely need MD, and as you explained to me earlier I can get that at CSW for about $60/month- Is that correct? If so I can't afford it yet . I left way too much money on the table today as I had to bail too early.

2. I really am interested in TA and appreciate your analysis( I'm studying like crazy) but I need an intraday, real time, interactive chart system. Does this come with the Daytrader package at CSW?

3. What leading chart indicators do you use- I'm learning about most- you pointed out to me today that MACD was too trailing

Thanks for this thread and your time-Q



To: keith massey who wrote (3006)4/28/1999 9:53:00 PM
From: Ara  Read Replies (5) | Respond to of 4467
 
GREENLINE HORROR STORY

On my first visit to this thread, I thought I'd share this with you guys. Decided to buy 1000 shares of EDIG today and placed a market order through the Webbroker. Call me crazy for doing so but it was showing tremendous strength on Level 2. Got confirmation that the order was received @ 10:56. I watched EDIG climb from $2.53 (when I placed the order) to $ 3.45 within the next 36 minutes at which time
Greenline conveniently (for them) filled me at $ 3.45. A MARKET ORDER
that got filled in over half an hour. Got on the phone right away after going through all the bull sh@* with a trader and so forth I was told that the Supervisor would get back to me.

Half an hour later I get a call from MR Chang ''the supervisor'' telling me how volatile these penny stocks are and the risks involved, and how fast the stock moved up and the market price was $ 3.45 at the time my order was executed blah, blah, blah.

I said listen Mr Chang I have been screwed enough times by you guys but not this time. I am watching this thing on Level 2, I got the transaction log right here, this thing moved up steadily fron 2.53
to 3.45 in 36 minutes and it does not take 36 damn minutes for a market order to get filled. If you are going to screw me do it right, at least tell me I got filled in 10-15 minutes, fill me at 2.70 or 2.80 I'll buy that, but not this sh#@ you're giving me. Upon hearing Level 2 , transaction log etc. Mr Chang became ''nicer'' much much nicer and said that he would see what he could do for me.

10 minutes later, another phone call. Guess who? MR CHANG, sorry an apologizing MR Chan telling me that I actually got filled at 2.55
how there was an error on their system blah blah blah. I said to him to spare me and save me the bull and as long as I owned the damn thing
at 2.55 that's all I wanted to hear and I hung up.

What I think is happening when they get a market order on an active stock like EDIG today, they think, here is a fish that placed a market order on a stock that's all over the place today let's see we'll buy it right now at 2.55 and wait a little if this thing moves up we'll just tell him he got filled at 3.45 yeah he probably heard about the stock from a friend or something, he doesn't know. If it moves down?
well we will give it to him at the price we actually bought the stock for (2.55).

Of course this is only what I suspect is happening and my opinion only.

Sorry for the long story folks, anyone care to comment??






To: keith massey who wrote (3006)4/28/1999 10:50:00 PM
From: BradC  Respond to of 4467
 
Thanks Keith, I'll give Carlson a whirl. Don't know what I'd do without SI!