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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: Gary L Schultz who wrote (2849)5/20/1997 1:49:00 PM
From: Gary L Schultz   of 6735
 
Message from Gary L Schultz on May 12 1997 7:16PM EST

IMO, today's move up on light/average volume, as compared with last weeks move down on heavy
volume is worrisome for SOLV. This is most likely a bear trap for SOLV investors.

I predict SOLV will see 6.00 before it see's 11.00.

The news release by SOLV today, one of personal opinion and inuendo is a non-event.
Gary

**********

Looks like my prediction came true! SOLV traded at 6.25 today. Those long SOLV will be quick to point out that it didn't really trade at 6.00 - but, it was close enough for me.

I don't mean to brag however. Ray Charles could have seen this coming! I'm three for three now - and feeling goooooood!

Where does it go from here? Anywhere is possible. Down is most probable.

Yours Truly,

Gary
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