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


To: Buckey who wrote (14486)5/26/1999 11:16:00 AM
From: Shaw  Read Replies (2) | Respond to of 62348
 
John,

I threw momo and TA out the window with that one. The wall at 1.15 was taken out by one house (#74) yesterday. They are generally institutional and you know how houses like that buy. I haven't been watching today but if they are not buying it may be a tough wall to get thru.

All MO,

Dean



To: Buckey who wrote (14486)5/26/1999 11:17:00 AM
From: Lola  Read Replies (1) | Respond to of 62348
 
Buckey you can't rely too much on market depth on these fast moving stocks. The wall you see may be alot bigger or alot smaller. Real traders hide their orders so they don't show up on market depth, I know I always do...it's a very easy thing to do. I think market depth will continue to prove less and less useful as more manipulators come into Canadian stocks. Contrary investing/trading will take on a whole new meaning!

Lola



To: Buckey who wrote (14486)5/26/1999 11:18:00 AM
From: SwampDogg  Respond to of 62348
 
T-YRI out of 1/2 today's position at $1.12 (eom). Hard to get a beat on the direction but I am confident that the mid $0.90s is the bottom so buying below $1.05 was pretty safe.