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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (551)6/14/1999 3:39:00 PM
From: AriKirA  Read Replies (1) | Respond to of 5053
 
Hi Keith,

Great to see you're back!

Hope you had a great time with the girlfriend.

Any luck in Vegas?

Kind Regards
Ari



To: keith massey who wrote (551)6/15/1999 11:44:00 AM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Looks like it is going to be a long painful summer. Although I have my fingers crossed I can't see JDX releasing news until mid to late August (8 weeks away).

At .73 (last price) we are now at a 50% retractment from the bottom at .31 to the top at 1.12 (note: 50% retractment normally acts as support). According to the past selling/buying levels there should be good support at .70-.71 and .61-.65 should be the ultimate support level in my opinion. .61 is also the 62% retractment level from the top at 1.12 which is also a large Fib. support level.

Still sitting on my average down cash. I honestly can't see JDX getting below .60 this summer so I plan on being in full before .60 is ever seen. I may eat my words but am playing the odds on this one.

Went back and checked all my buys and sells on JDX over the last 6 months. Even I was surprised to find I had done 89 trades. I had my average price down to nothing a while back but after all my buys in the .70-.80's my average price for my current holdings has now been bumped up to .31. I put a stop in at .32 just to make sure I break even after all is said and done <ggggg>

Edit: Added some to the pile at .73

Best Regards
KEITH