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Gold/Mining/Energy : Crystallex (KRY)

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To: Moot who wrote (7395)3/24/1998 1:33:00 PM
From: alan miller   of 10836
 
Looking at tech signals (mine)...
Next floor for this is/could be CDN$4.00 based on current analysis(taking into account confirmation of negative
data/rebuttals and perception of 4th ruling outcomes and repeating time frames)

Support will likely take out bids under
4. until the ruling unless it arrives negative
within the next 30days. Most coverage should be initiated
at or before CDN$4.25 to avoid a classic...imho

Most likely scenario, pending a possible but unlikely
congressional/judiciary procedural investigation is a
ruling, drop to new floor, then ratchet up incrementally if
positive and properly supported. IMO, many opportunities
to trade both now and after the company announcements, mostly on
the long side. I can't see this being more than a bad habit on the
short side below CDN$4.25...insider information notwithstanding.

As mentioned elswhere, I think now is a good time to buy/go long with the downside risks being less precarious at this level.

Best regards and luck to all
...good and evil...
(please, Barb, let's not bring height into this...)

am
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