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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (20017)6/11/1999 3:09:00 AM
From: Charles Kalb  Read Replies (1) | Respond to of 26850
 
bill.........Would you please give me a short definition of a 1-2-3 breakdown or point me to a definition? I tend to think your Item 4 is the primary cause of the decline, perhaps accentuated by one or more of the other possible reasons.

In other words, and with some hindsight, I think it was simply a matter of the price sitting for more than a week near $5 resistance level after a very strong run and little prospect for news soon enough to reignite the rally. You hinted at this, but it almost seems obvious to me now that the price was due for a fall.

Charles



To: bill who wrote (20017)6/11/1999 8:57:00 AM
From: mineman  Read Replies (3) | Respond to of 26850
 
You forgot (5)An insider saw results and knows all macros are industrial grade under $40/carat meaning the 200 ton-sample was SALTED!