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

To: Sam who wrote (20066)	6/11/1999 1:57:00 PM
From: EIGHT-N	Respond to of 26850

ok guys, whats it gonna be tums or rolaids. another 35 cents and i'm back in. y'know its gonna sink to 3.80. that just seems to be home for now, although at opening i woulda swore it was headed back up. take heart, look at lockhead-martin, they even have rockets that giv'em trouble.

To: Sam who wrote (20066)	6/11/1999 7:55:00 PM
From: bill	Read Replies (1) \| Respond to of 26850

Yes, you are absolutely right. I always try to preface my comments with the statement that the TA only works as an interim measure. Especially with spec stocks. However, the more experience I get, the more I've come to believe that between events, TA does help to predict stock direction. It's short term, it's not perfect. But I haven't found anything better and since I've been using it my account has a fair bit more money in it. The moment there is news, it is a new game. RT says there's a diamond here we have to lift with a front end loader, TA doesn't mean anything. RT says woops (as happened with Tli Kwi Cho) we've got a great source for high quality sandpaper, TA doesn't mean anything. However, once that is known, group psychology (TA is just a graph expression of human behaviour)takes over and group behaviour is remarkably consistent.