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

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To: keith massey who wrote (1604)11/9/1999 3:49:00 PM
From: TheBusDriver  Read Replies (1) of 5053
 
Keith

Because of your hard work I have become interested in JDX. I also got an email from CC indicating it was the only tech stock he was holding. Seems like good company to me...any way I have been watching very closely since Friday deciding about entering the fray or not. I think I will very soon, need another day of watching I think.

In the mean time I have a question. I have looked at your chart very closely. I am no TA guy by any means, just basic, seat of the pants charting for me. The problem I have is I fail to see the .89-.93 support/resistance (depends on if you are going north or south) you are talking about. I see very little stock that actually traded at these levels therefore fail to see the support/resistance you talk aobut.

As you have pointed out we gapped through the resistance of .89 on Friday. I just can't see this level as support now. (You know what they say about gaps<grin>)I am not saying the stock will go lower, I am just saying I don't see what you see. I think JDX could fall through this level just as easily as it gapped up through it.

I do see considerable support in the .78-.75 area.....

Can you tell me where I am seeing this incorrectly?

Best

Wayne
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