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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Greg R who wrote (574)	7/28/1998 10:13:00 AM
From: Greg R	Read Replies (1) of 1673

Greed got the best of me. Today is the day the stock was under the Apex. Originally, I read the clues that it would reach the Apex and the Bull-Set would continue. I scrapped that possibility over a week ago when time was running out. Back up position is that 2/3rds of the time, the stock's price will spike upwards directly under the Apex. Otherwise it is down. Yesterday morning I went with the odds that it would spike up and make even more money and held. Wrong! Now what. This morning the price continued its fast change of price movement under the Apex (down and back up instead of up and back down)(see - vertical axis of a Center-line Indicator Page 4-12 of your INPATHIQUE Guide). It has reached the Lower-Boundary line. Should bounce, Normally on these spikes, it will recover almost all the way back up and quickly. Also, it will want to follow the Lower-Boundary line upwards for typically three to four trading days. Thus, I am going to hold for a couple of more days. Although the stock is entering a bearish path for awhile, it is not extreme. I would guess the quarterly results would indicate a "hold" situation and that the fast growth in price has ended for now.

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