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Gold/Mining/Energy : Winspear Resources

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To: Mr. Oil who wrote (9908)	12/2/1998 8:33:00 PM
From: Chad Barrett	of 26850

Ray, for the last while this stock has traded very orderly... if you look at the chart the share price is for the most part bouncing between a line you can draw between the tops of the highest daily highs, and the bottom of the lowest daily lows. The stock tends to just fluctuate within this "channel" with a general upward trend. If the stock price were to move outside of the channel either to the upside or downside it would indicate a possible end to the current "trend". If it falls out of the trend to the downside I would probably take that as a sell signal. (I don't see that happening anytime soon...) These are just my thoughts, and in general junior mining stocks don't form "orderly" charts.... that fact that I am seeing an orderly chart for WSP lately is one of the things that is really impressing me about WSP! Chad PS - I do not "read charts" to make all of my investing decisions. I just dabble with reading charts to try to see obvious trends or patterns for a stock.

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