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Gold/Mining/Energy : Position Trading in Canada

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To: VisionsOfSugarplums who wrote (940)	4/15/1999 8:15:00 PM
From: keith massey	Read Replies (4) of 2259

Hey Toowit...not sure if I should go out on a limb since I could ruin my picking streak <ggg> Take a look at the 5 day chart. ca.finance.yahoo.com The bottom of the gap is at $48 with more support at $47. It could easily get stuck in this range since a nights rest could cool off the downward momentum. $47 is also a historical support level from Nov-Jan. If it breaks $47 tomorrow we will test the low $44's in my opinion. The chart formed a double top today which is definitely bearish in the short term. Just a bunch of my TA mumbo jumbo Best Regards KEITH

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