BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Michael Dappert who wrote (16419)	4/23/1997 3:28:00 PM
From: IngotWeTrust	of 28369

Michael, it is called a Fibonacci bounce, based on 17th Century statistically proven math principles of 61.8%, 50%, 38.2% of the difference between the high the day before the break, and the low after the break. Also known as dead cat bounce, and is primarily caused by traders taking profits outta short positions. Most of this stock is now NOT IN STRONG HANDS!!! It's in the hands of traders/flippers/riverboat gamblers. Not exactly a house built on a rock, like we truly need to see. In point of fact, someone bot at C$5.75 just a while ago, and is sick about it! O/49r

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