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

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To: Condor who wrote (1601)11/8/1999 4:55:00 PM
From: keith massey  Read Replies (2) of 5053
 
Chart Update.

www3.mb.sympatico.ca

After the past weeks rise I was expecting some type of pause and possible pullback early this week and I guess we got it today. I would expect .89-.92 to be a very strong resistance point and will be a buyer on any pullback to this area. Any positive news should easily take us through the resistance since a big chunk of the overhang at the resistance level was chewed at today.

I noticed Haywood was a bit of a player today. 14 buys and only one sell. If this was a top I sure would have expected Haywood to be a net seller and not a net buyer. I also noticed that Canaccord was the biggest net buyer today and 5 out of the 6 top buying houses are not normally considered retail houses.

Best Regards
KEITH
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