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Gold/Mining/Energy : Winspear Resources
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To: maintenance who wrote (25017)12/4/1999 7:20:00 PM
From: Berry Picker  Read Replies (1) of 26850
 
If I had any cash I would buy the Spear.. It may go down to $1.60 but I think it's a good play long term. I think you would do well to short trade 1/2 your position and hold the other.

I been a bad boy and played the S&P for some quick losers... Ouch !

Sitting on some other stuff hoping for miracles ( fundamentals in mining or how to be disappointed in juniors )

Hoping for a strike in this business is like buying lottery tickets.

WSP already hit. It's just a matter of turning profits and changing image from exploration to producer.

I was just showing WSP to a friend last night "technically" Stochastics on weekly are heading up but not confirmed by Williams %R so it could turn back down yet. Does look like a place where a base could form but Technically the downtrend is still in tact.

Bollinger bands are still collapsing so I would not expect any real big moves in either direction.

You could take small profits with short term trading but for now I would expect sideways unless something major happens to change the picture.

I was killin myself watching it go down around $2 and not having any loot to grab some. I hate being sidelined.

Oh well that is where a lack of discipline and compulsive trading get you. Like real estate is Location Location Location so is trading Discipline Discipl... well you get the idea. see ya later.. Happy trading.

Avoid drinking and driving - also avoid trading and gambling. ( talking to myself again )

Buy Value :-} WSP is Long Term Value at these prices.
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