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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP)

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To: GlobalMarine who wrote (2930)6/27/1998 5:28:00 PM
From: Steve Huskey  Read Replies (2) of 3594
 
Hmmm.. CHIP is getting ready to make some sort of move up in the near future. This will be purely a technical thing. I see no accumulation occurring, so it probably wont be based on any forthcoming news or anything. Several of my timing indicators are firing off.

This means that the current downtrend has run out of steam. You can kinda see that from the volume. A rebound is in order. How much or how long it will last are impossible to predict.

Judging from this stocks previous spikes , we could see .30 -.50. Anyway, it will probably be short lived if it comes at all.
Perhaps a chance for disgruntled investors to recoup some losses.

Be ready to bid...

Steve
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