To All WSP BEARISH BOYS AND ESPECIALLY BULLISH BOYS;
WARNING!!! WARNING !!!! WARNING !!!!
tHIS POSTS CONTAINS VVERY BEARISH VIEWS; IF YOU DO NOT LIKE TO HEAR IT, YOU MUST CLICK NEXT AND EXIT NOW !!!!!
It is surest thing that a forecast become real and accurate when both fundamental and technical are certain.
It is my opinion; our wsp has reach this point when both technical and fundamental are sure.
First Technical:
Our wsp has 7-8 days' correction since the first trading day of This 1999, has reached; she got tanked down from that $4.85 to $2.56 as our wsp proved that she was unable to do better than 1997 and as market has great concerns about wsp disclosur policy, it is so unclear; or it has nothing great or good to disclose, even after this season of drilling, or July, I can expect that our wsp still will be unable to clear this disclosure concerns, simply there is no good stuff to disclose. That is just very simple.
Market has this 7-8 day correction up to $3.70 as of Tuesday morning due to two events that had occured 1) DB reports had a bit of disturnbance [it died down within 90 minutes after market open] 2.] American Holiday on MOnday, big players were resting small volume shorter sqeezed with very small volume 150,000.
Then Tuesday and Wendesday MARKET HAD BACK TO BACK LONG DARK BLACK CANDLE STICK SHADOW IMAGES, INDICATING A SELL SIGANL AGAIN. It imples that this 7-8 days' correction is done and that down trend from that $4.85 to $2.56 has resumed as a matter of fact is has been resuming for two days in row from that $3.70 to today's $3.25 and a small two trades both 500 shares at $3.30 at closed [ I don't count that our bullish boy suicidal attempt again to make it an uptick.}[ Last two trades too tiny it is pointless so to speak.]
Tommorrow it will breakout down-side with large volume and it will bring our wsp to $2.90 area as today's it broke through that $3.30 to that $3.25 and dead cat bounce [small amount ] to $3.30 as computed as belows:
$3.70 -$3.30 =$ .40
$3.30 - $.40 = $2.90 <<<<<<<<<< tommorrow's target
FEW-DAYs' target is >>>>>>>>> $2.56
MId- term-target will be evaluated depending upon on-going factors.
2.) Funadamental:
No good CF results, no bulk sampling results, still need lots work to prove if it could become a mine....etc.
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This says it all.
John Paquet
IT IS TIME IN THIS CASE FOR MR.JOHN PAQUET TO SHORT SELL MORE 6660<66,666<99,999 hmmmmmmhhHHHHhmmmmmmmmHMMMMMmmmmmmm!!!!!!!! |
