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

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To: SwampDogg who wrote (2447)11/23/1999 1:27:00 PM
From: keith massey   of 5053
 
The thing that I don't get is why you as a T/A man who has done a lot of trading is having a hard time understanding the action in this stock

Fuddle...you just love giving me a hard time don't you<gg>

I have picked the top and bottom of this baby numerous times now so I think I understand the trading pattern just fine...we are right now sitting on the long upward trendline which is acting as support so I am buying. I don't have any trouble grasping that MOMO players who can't grasp fundamentals are bailing. What I am surprised at is that other larger players have not jumped in to pick up all of the shares of the weak handed MOMO's players. As I wrote before...this is going to take a little time.

Best Regards
KEITH
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