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Gold/Mining/Energy : Winspear Resources

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To: brian krause who wrote (9902)	12/2/1998 9:17:00 PM
From: John Paquet	Read Replies (2) of 26850

Hey brain; Honestly speaking; it is rather too difficulty to predict any stock just based on the last three months closing prices. I would rather go one day at a time and watch NR closely. You said "And now that we have put in a triple bottom for the day?" brain; I did not see that triple bottom for the day at all; in fact WSP closed at day low$2.81; technically speaking in terms of candle-stick theory,the "long dark-black shadow " it means that the close right at the bottom of the day indicating more sell presures the opening tomorrow. Luckily VSE closed at 1:30pm PST or else we might see further sell-off as profit takers in competition with each others. It implies that I want to get off 1 cents or two lower than the other profit takers. That is exactly what it is happening today as WSP unable to break that $3.11 for two times double top kicked in. some one argued that there was two tops not three tops it showed a bit bearish from two tops than three tops cuz market only needed two then became aware that I am heading south. This perpendicular vertical price line straight up is a very dangerous signal cuz WSP moved a bit too fast, a correction is bound to happen. John Paquet

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