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Gold/Mining/Energy : JAB International (JABI)

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To: Brian Pastor who wrote (1411)	11/21/1997 1:06:00 PM
From: Oscar	Read Replies (1) of 4571

Stop-losses moved up after yesterday's spike could easily account for 75% of the sell-off yesterday and today. Wouldn't it be a shocker if MM's sold a few shares cheap in order to reach down for some bargains? Maybe that's the pattern today -- shaking out the weak sisters -- and maybe not, but it's the only rationale that makes any sense to me. So I will hold my position, pick up a few more shares at $1.44 and below, and enjoy the next rise. I guess someone with proper tools could check on whether the transactions at bid price have tended to be small today. Oscar

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