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Gold/Mining/Energy : A Deadcat Bounce

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To: Tommy D who wrote (81)1/12/1998 12:18:00 AM
From: Ed Pakstas  Read Replies (2) of 97
 
Tommy...Excellent points...In the menatime, namely the next few days, I think there are going to be some excellent buying opps for some short term trades...I'm expecting to see some panic selling in the a.m. as a follow through from Friday...

In retrospect most of the juniors that I'm following held their ground pretty good on Friday...

I was expecting to see much more of a bloodbath, but then again, after the investors have had time to think things over on the weekend and especially when the morning papers and the radio stations start playing up the bloodbath on the Asian markets in the morning am expecting to see some major selloffs...

One of the fellows that I flap my fingers with via e-mail made a good point..."We're eventually going to run out of people to sell to"...

...ed
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