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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (1276)6/15/1999 2:01:00 PM
From: Graham Hickey  Read Replies (1) of 2259
 
I agree, it is quite a hammer but I don't consider it a real reversal. I like to follow the smart money, and I see very little here. I would call it a dead cat bounce ready to get flattened. At the end of the day we shall see if the hammer holds - I am often wrong. It could be a good late day trade but if the news - ATT not buying a Canadian Cable company hits the press tomorrow it could get ugly.

Message 10122060

I have not confirmed the news.
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