T.ITE: iTech Capital (TSE) Message Board

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

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To: Shack who wrote (1428)	11/4/1999 12:39:00 PM
From: Kevin Hamlin	Read Replies (1) of 5053

I'm really impressed with how orderly the rise has been. It looks as if people are taking their positions in anticipation and holding them (myself included). At some point in the future I expect JDX to go on a heck of a run and at that point the traders can come in and have their fun. Being much more of a trader myself, I thought about this strategy vs. buying and holding. I decided to go with the buy and hold, thinking that (on this stock) I'll get a much bigger "bang for the buck", especially as we go through the different stages I outlined before. As I said earlier, I think we're just starting Stage One. I expect we'll continue to see this measured rise throughout next week at least. The end of this stage will be marked by JDX issuing its own news release, at which point I expect the stock to gap up significantly. Between the good measured rise, and a gap up...no trader can play that one! Hence my decision to take a position and stick with it. Buy, hold, watch, grin. Although its not my nature, sometimes this strategy does make more sense! Regards, Kevin

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