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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: Lola who wrote (8049)9/17/1999 4:42:00 PM
From: Kevin Hamlin  Read Replies (1) | Respond to of 36688
 
IWM is worth taking a look at for Monday. A decent but not overdone rise started around noon today and the pullback was very modest around 3pm. There was a good close above a $4.00 resistance level with good support underneath on the bid. Volume of 388,000 is up considerably over the volume of recent past which has been averaging more around 50,000 with one day (a few days ago)pushing 200,000.

I'm not sure what started things today....there was some news out yesterday morning, but the jump in price and volume starting around noon today comes as a bit of a surprise which makes me think there may be something more substantial on the nearterm horizon.

I'm out all day Monday...won't be playing at all. PHNPI. Just thought some of you might want to take a look at it.

Regards,

Kevin

note: Out ISI at $1.04 from yesterday.