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

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To: keith massey who wrote (2154)11/20/1999 3:13:00 PM
From: TheBusDriver  Read Replies (1) of 5053
 
Just checking out stockwatch and using a calculator it looks like around 3.25M shares traded between .7-.75 from Aug. to Oct. this year. It also appears, and this was hard to estimate, that around 1.75M shares have changed hands in or near resistance at 1.40.

If we figure 20% of the 3.25M is strong hands, then that leaves 2.6M in weak hands. If 70% take a double, then 1.82M will need to change hands. It looks like we had done close to this number at 1.75M as best I can figure.

So we could break out of resistance any time! All it will take is a small rally and bingo!

I know this is completely full of holes but it was fun doing it, nothing else to do while working the weekend<grin>

Wayne
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