Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Zeev Hed who wrote (11616)	10/7/1999 3:47:00 PM
From: Scott Wheeler	Read Replies (2) of 14226

Zeev, I'm not without concern. But I think it should be noted that the TA must be least as much affected by their disgust with what they perceive of as "crying 'wolf'" as any insider activities. If your TA is good enough to explain the sinking bid, then it should also be good enough to explain the volume in the past 2-3 weeks. I have yet to hear a plausible explanation other than the reflexive (and question-begging) "distribution" answer. Somebody is buying. Who? Why? What are they thinking? Are they stupid or crazy? Have they swallowed lies? Happy talk? I can't say I understand the pattern, either, but I can only guess that it's a bimodal distribution (two populations), one very optimistic and one pessimistic. Beyond this I'm not smart enough to know...regards, Scott

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