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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: Sam who wrote (5854)10/18/1999 8:43:00 PM
From: Mr. Oil  Read Replies (1) of 15703
 
You may well be right on there bud. The unfortunate thing is that we who are here and not privy to the inside information can only hope to win in the long hall. It is very difficult to time the market. This market decline today could be merely manipulation by the market makers to shake out nervous investors just before good news is released. Or it could be that the smart money is cashing in before the bad news is released. I am thinking the best strategy is to sell some and lock in profits on part of ones possition and wait it out for the rest. But tomorrow this could be back to $5.60 and then how would I feel. It's hard to know what they are up to. What to do? I don't have the answer. I sure don't like the drop today though and those shorting are the only ones who would...if there are any with those kind of cajones. Can anyone who still has a position in this be absolutely honest if they knew the news was gong to be bad? If it were bad news would they want to post it to the thread still being invested. Could anyone who sold today be really trusted to tell us if there was no bad news coming given they would want to buy it back cheaper for Cal Canal ELH, Lucky Dog and others. It is the rock and a hard place and we are right in the middle again.

I sure hope something comes clearer tomorrow.
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