Westfort Energy Ltd. (WT-T) Message Board

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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)

WT 11.69

-1.0%

Dec 10 3:59 PM EST

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To: floj who wrote (445)	4/27/1998 3:01:00 PM
From: bill	of 1288

I think our short term trend line has jsut taking a trouncing. Price has been down to 3.00, bouinced slightly, then back to 3.05. Last time I checked volume was around 300,000 so by the end ofthe day we could be looking at 600,000 shares. Anyone who was into WT on margi has had a margin call. If they've been financing WT on blue chip margin, I expect they've also got a call. It's the blue chips tha are really taking a kicking. WT is now 2.95. The DOW is -207. All this is on a rumour of interest rates going up. Oh, well, if they do go up, the rise will be built into the market. Another daylike this and there'll be bargains galore. Glad I didn't listen to my broker and buy Stelco and 12.50. It's down to 11.50, pardon me, 11.45. These drops often resolve themsleves in thre days. If that's the case, late tomorrow afternoon should be time to rob the bodies littering the battlefield.

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