Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: The Devil Dog who wrote (1475)	8/23/1999 10:56:00 PM
From: Ward Nicholson	Read Replies (1) of 2259

AC: Ooooooo la la...INPATHIQUE takes the big hit today. Read all about it... members.home.net August 20 - This bear projection should have been cancelled the instant the government permitted talks between the airlines while this potential impact could be analysed. But since we didn't, the price has gone as high as permitted by the current chart. The only known way the stock can pass the dark, bold, dashed green line is if the fundamental valuations of this company are about to change. IF it crosses the line, the bear projection will be closed. Until then, it will be permitted to continue. Quite honestly I don't understand this. First of all, shouldn't the decision to close the position be on a technical basis? Secondly, why didn't you close the position Mr. INPATHIQUE? WN

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