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

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To: SwampDogg who wrote (2461)11/23/1999 1:46:00 PM
From: keith massey  Read Replies (1) of 5053
 
It is not that you are right on the fundamentals of a particular stock.

You are correct but in most cases in my experience when the big money starts bailing in waves and support is not holding up someone often knows something that we don't know and I head for the exit. It 80-90% of the case bad news comes out weeks or months later but by that time I am long gone. This has saved my butt to many times to count. The other 10-20% of the time it is just a really big head fake to shake out shareholders or someone was smoking something funny and couldn't understand the news correctly.

Best Regards
KEITH
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