Int'l Pursuit (T.IPJ) Message Board

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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (645)	3/18/1998 12:11:00 AM
From: Abner Hosmer	of 835

Ron - I don't think it was as bad as it could have been, considering what has happened to oil prices and the rumors about Belgium. Yen has been looking weak again recently. POG had a bad day today and IPJ followed the POG. I took this as a sign that IPJ has probably gone as far as it can at this point without some fundamental news. Drop today was on low volume, but even so, I think we're at some risk of getting salamied here if this becomes a trend. Stock can drift a long way on low volume if the bid dries up. I've been in another that's been doing it. Don't mind holding my shares, but could've turned 'em around and got 'em a lot cheaper. I don't think we're going to get any support here from the current economic environment, and if POG drifts, we could find ourselves getting shaved .05 - .10 daily. Adds up after awhile. IPJ has shown pretty doggone solid support at around 2.90. Guess maybe we'll find out how solid it is. best regards - Tom

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