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Gold/Mining/Energy : The Next Act

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To: Gary McCoy who wrote (28)	4/22/1998 8:51:00 PM
From: Ward Nicholson	Read Replies (1) of 102

N / BKP / RCI.B: Interesting AGM for Inco...talk of shelving the Voisey's Bay project until the price of nickel recovers. The stock is acting so nicely right now. I get the feeling this is definately the beginning of a major bull market in commodities. Was bidding for BKP today (just missed it). This stock cycles so nicely. RCI.B is looking more and more like a very low-risk short: 1. High short position. 2. MACD about to cross down. 3. RSI fading. 4. Starting to hit its head against the underside of RCI.B's 5-year downtrendline. I think next week's trading for RCI.B is key. The stock may move higher on little strength and then break down after that. WN

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