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Gold/Mining/Energy : Winspear Resources

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To: The Fix who wrote (3833)11/12/1997 4:34:00 PM
From: bill  Read Replies (2) of 26850
 
Somebody on margin must be being forced out. I just picked up more
WSP at 70, then watched the price crash to 66. Ask is now 68 Bid 66.
Blue chip sell off has really spread. Hardly a positve price on the
screen. Gold is down to approx. 307.00.I wonder if we'll get a rebound
tomorrow. Checked with brokerage house. No interest rate rise. But
Hong Kong dropped last night. Maybe a bad case of the Asian flu.
Could someone more knowledgeable than I enlighten us as to what is
happening. I watch the screen and get the errie feeling that it's
1987. Stocks down -9.90, -5.50. Mining stocks are being trashed.
Someone on this thread said the best time to buy is when there's
blood in the streets. I hoe th ey're right.
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