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Gold/Mining/Energy : Games Trader
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To: John Paquet who wrote (593)6/10/1999 12:46:00 PM
From: Professor Dotcomm  Read Replies (1) of 1239
 
I read the posts last night. Phew, how things change! You, in particular, seem to have crossed species effortlessly from taurus to ursa. Be careful you don't catch MBD (Mad Bear Disease). Crossing species can do that to you.

I jumped on the train again - a bit bigger than last time and I shall probably add when it breaks through $5.00 on volume. There has to be still one or two undigested blocks in the system but I like the way GTR is getting better and better at absorbing these chunks.

Apart from the great news of Wal-Mart Canada and Toys 'R Us, what I think is the most significant is GTR filing with the SEC. By this time next year I don't think it will be viewed any longer as a Canadian company. Even its financials will probably be in US$. Already 95% of its product is US and 65% of their revenues are US.

As you know, my technical analysis prowess is suspect to say the least but let's look at the price action. My favorite, money supply, has turned positive over the last two days and is close to the level that sparked the earlier run up to $6. The Chaikin Oscillator is turning up again. McClellan says the stock has not been in an overbought position since last January and the on-balance volume indicator has started to rise again. When GTR breaks through the second Fibonacci level at $4.8756, I think it will signal the next surge. (that's why the $5 breakthrough is important.

And I'm not kidding

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