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Gold/Mining/Energy : Crystallex (KRY)
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To: kimberley who wrote (7018)3/18/1998 1:36:00 PM
From: Carl  Read Replies (1) of 10836
 
"the price almost always tells"

Kimberley, with all due respect, this statement is always trotted out by technicians after the fact. Predicting the past is simple...predicting the future is a bit more difficult, especially with these manipulated mining plays. Case in point, the last 2 times KRY tanked, it recovered just as fast and went to new highs (July and January). Explain to me how you would have seen either the uptrend ending abruptly or the recovery after the drop using price action?

Some on the thread may be surprised to hear me saying this, but please don't misinterpret my statement and think I have changed my views. I still believe that KRY is too big a risk for reasons I've already stated. Anyway, good luck to all.
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