T.ITE: iTech Capital (TSE) Message Board

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

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To: keith massey who wrote (3102)	12/11/1999 5:23:00 PM
From: Kevin Hamlin	Read Replies (2) of 5053

Over the past two days, I've bought back in to JDX. Here are my thoughts. 1) When JDX had it's initial run, I wasn't sure where the market really felt the new base was. (This is quite different in me saying/hoping where the new base was/is). I wanted to see proof of this new base, which on Thursday I think we got. Thursday brought us a pretty typical bottom blowoff pattern which is a pretty good cue of it being time to get back in. 2) I then watched the trading on Friday. Although there was a bit of retesting the $1.10 area, the blowoff didn't return at all, and the retest was quite muted. Given the nature of Friday's trading, I gained further confidence that a new bottom had been found. Looking now for the next leg up from this established base. Regards, Kevin

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