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Strategies & Market Trends : Winter in the Great White North

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To: ralfph who wrote (2954)9/9/2002 2:17:27 PM
From: marcos  Read Replies (2) of 8273
 
kry - big black candle so far today ... we don't know the details of the deal, legal questions remain, major political risk, lots more shares out on the thing than there were years ago, it's got a bad name for internet hype and has had so many false starts, not a new story any more .... all on top of a gap-up air space in the chart ... that being said, i'm tempted to nibble here below 3.20, probably will ... just nominal shares so i watch it daily, it's going to be a swing trader ... at 2.75 which is gap-fill, i'd call it a buy with a 3.50+ target ... ??

yqr - house 80 took 250k at .20, mostly from Desjardins ... their Jerooy deal has some negotiations coming up, deadline 19 Oct ... could go in their favour, maybe not, i know nothing about it, i just like it for the Red Lake properties, general structure, air of competence

ngt - lagging still ... geez eh ... look at xcl, couple of upticks more and it'll be double ngt ... double! argh i have screwed up, re-bought more of the ngt this summer than xcl, and hold more overall

Nasdaq just turned positive .... wednesday is a big symbolic day, it is not difficult to imagine the powers that be giving the non-gold markets a little 'gentle guidance' going into it ... maybe stomp on the yellow at the same time ... well i am just staying the course, golds all the way to Thanksgiving minimum, probably
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