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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: The Devil Dog who wrote (1475)	8/16/1999 1:42:00 PM
From: Ward Nicholson	Read Replies (1) \| Respond to of 2259

Wayne: I'm not trading this market very much. The lack of volume makes for unnatural price movements. Looks like I'll be waiting until after Labour Day to get interested again. Of course, the CPI will be interesting tomorrow, but I have a hunch that the market will use any rally as an opp. to lock in profits. It took me quite awhile to learn that one doesn't have to trade all the time to be a proftable trader. Sometimes it's best to stand aside. For me this is one of those times. WN

To: The Devil Dog who wrote (1475)	8/23/1999 10:56:00 PM
From: Ward Nicholson	Read Replies (1) \| Respond to of 2259

AC: Ooooooo la la...INPATHIQUE takes the big hit today. Read all about it... members.home.net August 20 - This bear projection should have been cancelled the instant the government permitted talks between the airlines while this potential impact could be analysed. But since we didn't, the price has gone as high as permitted by the current chart. The only known way the stock can pass the dark, bold, dashed green line is if the fundamental valuations of this company are about to change. IF it crosses the line, the bear projection will be closed. Until then, it will be permitted to continue. Quite honestly I don't understand this. First of all, shouldn't the decision to close the position be on a technical basis? Secondly, why didn't you close the position Mr. INPATHIQUE? WN