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Gold/Mining/Energy : Winspear Resources

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To: Chas. who wrote (6822)	7/3/1998 5:37:00 PM
From: marketbrief.com	Read Replies (1) of 26850

I trade using charts only so I have no opinion on WSP fundamentals. WSP has good support from the brokerage community. Figured there was support at $1.35 and that held today. There's a gap at $1.65-$1.70 which was support broken yesterday and now serves as short term resistance. WSP is the only game in town right now so volume begets volume. Did a million shares even with a U.S. market holiday. That's impressive. Like diamonds better than gold in this market. Haven't traded it yet so far but might. We are busy with our website at the moment but if I trade it I will trade it long and short as chart dictates. I don't pass judgement on a stock's investment merit whatsoever. If it looks oversold I buy it; if it looks overbought I short it. Consider us at marketbrief pro traders because we derive our living from trading. Trade from home office now so it is nice to visit people all over. Nice to meet you and best of trading to you.

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