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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: keith massey who wrote (612)6/23/1999 1:15:00 PM
From: keith massey  Read Replies (1) of 5053
 
Looks like the pullback prediction was correct.

Most of the buying yesterday looked retail in nature (no big blocks crossed). Bet there are a few retail guys that are heading for the hills when the momentum after the gap died and the stock closed lower than open. Sold a few at .83 (the ones bought at .82 yesterday) on open today betting on this pullback. Will buy them back in the .70's in the next couple of days unless JDX surprises us with another news release.

Still very medium/long term bullish on JDX but you have to trade with the flow.

Best Regards
KEITH
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