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Gold/Mining/Energy : Winspear Resources
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To: Natedog who wrote (19971)6/10/1999 1:54:00 PM
From: Charles Kalb  Read Replies (1) of 26850
 
To ALL: The 4.30 low awhile ago was between the Fibonacci retracement levels of 50% and 61.8% for the most recent valley-to-peak gain, then price bounced up a bit to 4.45 which is at 50% Fib level. Unfortunately, the recovery so far is enemic and the shaking might resume. If it does and the price hits the 61.8% Fib level at 4.18 it could be a good buying opportunity as stocks often turn at 61.8% Fib.
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