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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: Professor Dotcomm who wrote (631)6/14/1999 7:02:00 PM
From: John Paquet  Read Replies (1) | Respond to of 1239
 
TO Dr. Pigeon, and Professor.comme;

Yap, bear is in the uphand GTR down 30 at day low, again Yorkom did a last trade to rescue I quess.

Down down down and DOWN for sure.

Let us do a bit of analysis to these stocks which had Y's PP

these are BII, GTR, MCF, and EPK [old SOJ}

Bii closed at $10.95 it hit $34.50
GTR closed at $3.70 it hit hi of $6.10

SOJ closed at $1.15 it hit hit of $2.15

MCF closed at $5.90 it hit hi of more thatn $10.00.

<ggggg>>>> lots of investors for sure lost lots money. Did not they????????

Now the point I like to make is Y PP MCF at $6.60, today MCF hit low of $5.80

now let us compute $6.60 - $5.80 = $.80

Theoretically, If Y has real power MCF should not down as it is today. THose who did buy PP, they are beginning to lost money big time. Those who did not get the hell out of this play will lose more money and in my opinion they will lose more and much more.

Now Applying this concept to GTR stock, GTR pp at $3.15

now let compte a simple arithmatic formula:

$3.15 - $.80 =$2.35

This is very simple.

Today GTR closed at day low indicating very bearish, tomorrow or within days GTR will be heading that $2.35.

I do not like secondary TA at all, although it has some reference but it has no meaningfulness at all if one cound not use that secondary TA at all. In fact, it misled lots beginner TA.

I prefer to use my own critical thinking, nothing else.

Critical thinking is a common sense.

That is all.

Y underwrites these stocks, it appears every one will become loser, soon big losers, And I am not kidding at all.

Go figure.

John Paquet



To: Professor Dotcomm who wrote (631)6/15/1999 11:54:00 AM
From: hsg  Read Replies (1) | Respond to of 1239
 
How much did you make on your short?