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Gold/Mining/Energy : JAB International (JABI)

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To: DDS-OMS who wrote (2995)2/17/1998 3:39:00 PM
From: Eric Freeman  Read Replies (2) of 4571
 
Gary: I only use TA as a guide - it is my experience in having been around, involved with, and in charge of some small cap (penny) stocks that really gives me a hand here.
I am looking for signs of accumulation/ distribution only when it comes to this type of situation.(BCMD) In fairness Gary I have been trying to warn the inexperienced all the way - realize I did trade this one on the spike.
My posts -1855,1755, 1613, 1901,1903 etc and earlier were quite clear and would have got anyone out long ago.
I am not here on some ego mission. But it is unfair and not objective on your part to continue to argue about this stock when it is obvious that it is now in the classic down phase associated with many promoted penny gold stocks.
I did say we would get this down blow off on increasing volume.
This may be it?? The only question I am looking at now - is this something leading to a return to pennies, or is it going to base out. If history and experience mean anything - it is heading for a much lower price - IE no indicated base here.
Think what you like - this chart has been saying this for some
time. But if you see it differently, that is your position.

Eric
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