SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JAS who wrote (19950)4/30/1997 8:09:00 PM
From: Greg R   of 28369
 
Yes - INPATHIQUE will make your jaw hit the table. Even with Bre-X it has been amazing and its not suppose to work on a speculative stock that is soooo controlled by the retail investors (supposedly).

You see, INPATHIQUE is based on a study of the influence of the institutional investor's trading computers. Despite what they (INPATHIQUE) say, I have only seen one situation where it did not work with Bre-X.

However - Being a speculative stock, the possible max and min on any day (Monday) are extreme. For example:
Let me preface this by saying there is no way the computers know whether there is gold or not, BUT BXM (TSE) has been following a classic Unsatisfied Stifled Set bear run as described on page 5-17 of the guide (for those who have a copy). Although difficult to forecast the switch over to a bull-set in this situation, they DO have some typical characteristics. It is these characteristics that are mentioned on their projections page (web site)with a dip being expected the first week of May.

BUT, the trading computers, if left to their own devices would, on this stock, allow the price to reach the exremes on Monday of $2.30 to $19 with resistance at $2.50 and $8 (Yes, that is an extreme range, but it is a speculative stock after all and it is all or little.)

What is VERY curious is that the low permitted for Tuesday is even greater $2.05, high $17.60, resistance at $2.50 and $8.40

Based on these numbers I wish the institutional trading computers could know there was gold there - that is a lot of upside.

If you get the impression I am a believer in INPATHIQUE Analysis. YOUR RIGHT! (Even if I shouldn't use it on a stock like this.)

Still reading? - The extremes ($19 for example) are caused when the trading computer's programming figures the price is so high, that they issue extremely strong sell signals which prevent the price from going any higher. And of course the reverse for the lows.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News