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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: Canuck Dave who wrote (3062)1/19/2002 5:40:52 AM
From: TheBusDriver  Read Replies (2) of 4409
 
Don't worry Dave same thing happen to me on the last run to $3 but G_T was not around then thank god. When we nosed over on this last run I sold those shares because I expected a pullback to possibly $2.25 where I would retake my position. I nearly sold on the same day as VT but wanted confirmation the run was finished so ended selling at $2.85 I think it was. Anyway I have bought back my position at $2.45 perhaps a day early because of the resistance BAY was showing in the $2.45-$2.50 area and silver was rising.

If silver continues to drop VT will get his stinky bids filled of this I am sure. But being less a trader I am quite happy to hold and wait. VT thought me one thing I did not know. I knew big volume preceeded a price rise, but was ignorant to the fact big volume also preceeds a price drop. A feeding frenzy if you will after a run.

Wayne
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