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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 12.62-0.4%Dec 23 3:59 PM EST

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To: rampage who wrote (759)7/15/1998 9:56:00 PM
From: floj   of 1288
 
Hi Rampage:
No, I don't believe we'll see 1.20 tomorrow but it is a critical day, the sell off can not continue into tomorrow. I'm hoping today's panic selling turns out to be a one day reversal and we see a strong rally.

If it does turn out to be a one day reversal then the intra day low of 1.72 changes the boundaries of our trend. The old boundary lines are no longer valid.

If the sell off does continue then techncially this leads to a reversal and the future of WT will not be a bright one for a long while.

Also remember this is just one interpretation and WT could easily turn around and prove me wrong.

Flo J
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