Westfort Energy Ltd. (WT-T) Message Board

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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)

WT 11.35

-1.4%

12:41 PM EST

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To: bill who wrote (453)	4/28/1998 9:19:00 PM
From: floj	Read Replies (2) of 1288

Hi bill: So far our intermediate trend is still intact, yesterday's 2.95 was right on the line, actually a bit too close for comfort especially the close, but it snapped back up beautifully today. There are two possibilities, one is if our trend continues to hold then 3.80 is a short term top and yesterday was just a shake out with 5.00 still possible within the next two weeks. The other possibility if our trend fails to hold, is that 3.80 is the intermediate top, in which case we'll consolidate probably for about 8 weeks or so, by then if all goes well and our trend does not reverse our upside potential will probably be 7.50+ Still a bit too soon to tell as the price is just hugging the trend line, hopefully we'll get another strong up day tomorrow, which will give us some breathing room. Just have to take it day by day for now until it becomes more clear which one its going to be, 5 now or 7.50+ later, my guess is we'll probably get both. Flo J

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