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Gold/Mining/Energy : Winspear Resources

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To: brian krause who wrote (9923)	12/3/1998 8:09:00 AM
From: Mr. Oil	Read Replies (2) of 26850

Brian I must concur with you. Trying to establish bottoms and tops from day trading patterns is like trying to drive a car by looking through a set of binoculars. You see the road but you will wreck the car in the short term. The best way to talk about a bottom is to look back a few weeks. The top is not known until we see a relative bottom developing. Some times 'some' chart readers take on a fortune telling roll. It must be understood that the market doesn't follow the charts. It makes the charts! And sometimes it makes a chart that we didn't think it would make from reading the charts. They are "indicators" not road maps. Ray

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