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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: Wizzer who wrote (44)11/6/1998 8:33:00 PM
From: keith massey  Read Replies (1) of 5053
 
The weird thing about the volume is that it is coming from all over the board. No specific buyers and sellers and everyone is involved. Plus most of the volume is in medium sized $10,000 chunks meaning it is not the small retail investor but it is not huge crosses between large investors or funds.

I highly doubt this is tax loss selling because I have not seen any sell offs in other juniors yet. In addition you would think that tax selling would drive the price of the stock down. Yes you can sell a stock for a tax write off but you must wait 30 days to buy it back.

Normally I would think this volume is the start of something I don't know about. However in this case I have no idea what that is. I could be anything in or outside of mining. My big problem right now is that I have a big rule against buying and holding any stocks in Nov. since 99% of the time they see lower prices in December. However the chart of JDX is screaming buy. Dammed if I do and Dammed if I don't.

Best Regards
KEITH
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