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Gold/Mining/Energy : Winspear Resources

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To: Andrew who wrote (20236)	6/15/1999 4:25:00 PM
From: Charles Kalb	Read Replies (2) of 26850

To Thread: Andrew's comment on the trendline is good. Winspear touched that trendline at today's low of 3.61 but then moved up. Here's a modified TA support line-up to reflect Andrew's comment: Fibonacci 61.8% Retracement............4.19.......Gave support for awhile, now history 50-day Moving Average..................3.98.......Previous support at three lows, broken Std. Error Channel back to Feb. 4......3.75.......Broke below lower band (sometimes happens and can be a buy signal similar to breaking below Bollinger Bands) Trendline back to Nov.9, 1998..........3.61.......Per Andrew, touched today but now holding above that level Previous Low on May 18th...............3.50....... Lower Bollinger Band...................3.34....... 200-day Moving Average.................2.94.......Have to go back past last summer, ancient history, to find a point where this mode of support was broken. Charles

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