Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (2145)	7/24/2000 7:33:45 PM
From: The Devil Dog	of 2259

Pretty sure this will prove interesting. FLY.a with in the last 2 years has built in a pretty difficult resistance level of 5.50 . Just cant get past it for nothing. They just had a good earnings report, partly because of an acqusition and selling of non core assests. Now if this baby doesnt get past that resistance on that news short it for at least a 1.50 profit. If it does break the 5.50 resistance she goes to 9.50. Gonna be watching closely. Correct me if Im wrong, but the chart is text book trading ranges. Best regards to you all. WB

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