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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: keith massey who wrote (2984)12/7/1999 6:38:00 PM
From: Shack   of 5053
 
You hit the issue right on the Gordo and Keith. Keith, your interest in this company is not based on TA, but your day to day TA musings appeal to the TA speculator which I would imagine Fuddle counts himself as one. I have enjoyed Fuddle's postings for a long time but he is being drawn into this sparring because he has acted properly as a short-term TA speculator and most of this thread are on a different page.

Not that I don't think a little TA is important for true investors. Its just that I don't put much credence in short-term upward channel lines being broken when we are talking about anticipated price moves far removed from where we are now, and when the greater price trend is still up. I liked the long-term chart when I bought JDX and still do and I have vowed not to trade based on the short-term charts because this is an investment for me rather than a quick trade. The long term chart shows a return to the head and shoulder neckline on the 3-year chart which should act as support...perfectly normal.

If I were you, I would kill the first chart on your Jordex TA page...its not very important and I think it may be driving you a little loopy, but as you say, it is your nature.
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