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Gold/Mining/Energy : Winspear Resources

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To: John Paquet who wrote (9968)	12/3/1998 9:26:00 PM
From: Gord Bolton	Read Replies (1) of 26850

As one who follows and has invested, at one time or another, in most of the diamond stocks, I have made the following observations. 1. Many Europeans invest in Diamond stocks and are probably more knowledgeable and experienced in this area than Canadians or Americans for that matter. 2. If you notice the time difference between Europe and North America, you would note that when our market opens up the business day is well advanced in Europe. 3. The Europeans will generally do their buying in the first few hours and then go off to do whatever Europeans do after the business day closes. 4. The Europeans have been gradually relieving North Americans of their Winspear stock as they have a much better idea of where the stock price of Winspear may go. 5. The dark shadows that you see on your chart might just be the sun going down or moon shadows in Europe. 6. Or it could be the shadow from all the glaring red on the world markets over the last couple of days. 7. If you want to make money daytrading Winspear, buy in the afternoon and sell in the morning, and please be quiet about it. 8. There is another Winspear thread that you could post on if that's OK with Eric.

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