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Gold/Mining/Energy : INTERNATIONAL TAURUS RESOURCES INC. (ITS:VSE)
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To: StockJock-e who wrote (37)6/2/1998 1:16:00 PM
From: High Grader  Read Replies (2) of 123
 
I like the fundamentals of ITS so had a look at the technical aspects of the chart.

I think there will be some backing and filling in ITS, it should go up a bit more then have a correction.

Of course, a good place to buy is at the bottom of any correction. We all like them to go vertical, but they seldom do. Taking profits at wave tops and buying back in the troughs is a good way to play, as opposed to buy and hold. You have to have enough to be able to offset the cost of trading and the market has to have enough volume to handle your trades, and the price swings have to be big enough.

I have posted an Elliott wave chart for discussion of ITS and will update it as it makes changes at

elkvalley.net

good luck to all.
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