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Gold/Mining/Energy : POE:VSE PAN OCEAN EXPLORATIONS INC. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (238)	9/14/1999 12:49:00 AM
From: RSkarsten	Read Replies (2) \| Respond to of 277

Today's correction just may have been that and nothing more. I may have bailed early, but if you look at the price chart, since Jan there have been 4 spikes of more than 18 cents. Within just a few days of each spike occurred a day where the close was at the low for the day. In each case this stock tanked within one or two days after that day. She closed today at the low for the day. On a hunch I got in last week at .20, and got out today at .39. Not bad. If I miss the boat and she goes up, that's ok. If she tanks then I might make another go of it, provided participation in Bakersfield looks solid (anyone care to speculate on that?). Right now TA on this one seems a little ify, especially with my own inexperienced judgement. I figure, better a safe out with a profit the an ify in with chance of a loss. If the price stays the same and indicators change for the better I may jump back in. But we'll have to have 3 gaining days in a row to break the pattern of past trading tendencies. Russ