Trump's 12 Diamond Picks, Discussions Limited Message Board

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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited

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To: Mikey who wrote (987)	6/29/1998 8:52:00 PM
From: The Fix	Read Replies (1) of 2251

Hello Mikey and Bill! Mikey I must congratulate you on a fine job of reading the horizontal bottom last winter on WSP. I remember the several discussions we had online and offline about this. I feel that TA on the VSE is very useless because of manipulation by the brokers and insiders. When we had the discussions (Just after Christmas) I recall. WSP was about to announce their Winter Drill program. I was betting that Canaccord was going to run the stock up for spec. purposes. This is why I didn't read to much into the Triangle. You were right and I was Wrong. I take my hat off to you on that. Did you read any signs of a entry point prior to these two last N.R.? What if last weeks activity was used to Fan paper out the door and this A.M. WSP did a Halt and announced they are withdrawing from Snap Lake? Where would WSP be this p.m.? I'M TOLD THAT STUFF LIKE THIS HAPPENS ALL THE TIME ON THE VSE! Keep in mind that floats can be eaten alot easier on penny stocks than $10 paper. TA is great for companies like IBM, AT & T, Chrysler (blue chippers). I just use MA, I never short above a 30 day MA and always short below a 10 day MA. Everyone is watching the vol. This is bad as this stock is being flipped and unloaded at higher levels for the time being. Strong resistense at $2. Don't get me wrong....WSP is a fantastic long term hold. With these recent developments....I've started to hype it to my friends. fIXER

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