Manhattan Minerals (MAN.T) Message Board

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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: TrueScouse who wrote (3081)	7/13/1999 12:48:00 AM
From: Not_Active	Read Replies (2) of 4504

Howy: I didn't exactly say disaster ... I believe "wreck" was the word, and from a technical perspective I stand by that ... although its true that you and Claude are looking at this current level as a 50% retracement, let me suggest that your reference base should not be the recent lows, but at the very least the break above congested resistance around $4 .... and, in a purely technical sense, the breakout of the flag just above $6 should be considered the latest move up and used as the base for short-term retracement measures. The price action will tell us the real story, of course, probably tomorrow ... and it wouldn't give me a heart attack if this dip has put in the lows given the coming of news. But, I believe the probability is against it .... my opinion, of course. Kacy

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