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Gold/Mining/Energy : JAB International (JABI)
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To: Roebear who wrote (1386)11/21/1997 10:20:00 AM
From: Mr. Miller  Read Replies (2) of 4571
 
Yeah, ~300,000 traded in first half hour. We broke through 1 1/2 which is/was a dangerous sign. Looks like many of us feel that not selling now would mean lost profits. I still have not sold, but I did put in an order to sell at 1 3/8. It obviously never got filled, but we came mighty close. Low was 1 13/32. We are now bouncing like a yo-yo between 1 17/32 and 1 9/16. I guess we could call this a consolidation, since noone wants to hold onto stocks past 1 9/16 right now. There is buying into 1 17/32. Could be a MM money making day. Perhaps we'll spin our wheels heavy at this point all day, and ring up another heavy volume day.

Still holding. No sense in trying to time it now. I am disappointed in missing the first runup to 2 1/8 yesterday. Noone to blame but me. I doubt many of us got out then(I hear some got in though), so we are all in this. Hold for the rest of month or until gold news comes, whichever is later, but not too long.

Miller
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