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

To: Buckey who wrote (3081)	5/2/1999 11:47:00 PM
From: keith massey	Read Replies (2) \| Respond to of 4467

John Find a stocks with Bid 10,000 at $1 Ask 4,000 at $1.01 Next ask 5,000 at $5 Buy the 4,000 at $1.01 in your cash account. The next offer on the stock is now $5. You can cross the stock into you RRSP account at any price between $1 and $5. Sell it to yourself in your RRSP account at $2. You now have $4000 extra in you cash account (minus commission). You then sell the 4000 shares in you RRSP account at $1. You lose the price of the commissions and $40 on the .01 loss. It is not easy to pull off and there is some risk with pulling it off but if you can think of another way let me know. Best Regards KEITH