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


To: knight who wrote (1122)10/14/1999 7:07:00 PM
From: keith massey  Respond to of 5053
 
Knight

Scotia is almost always retail selling so I don't put a lot into either the buying or selling.

When JDX didn't carry through right away on the break to .80 I think it broke the back and spirt of a larger retail buyer who has probably been waiting for ages for a run. If you look you will see that Scotia bought at the high of .79 on open. As soon as it started coming down that day and hit .74 Scotia started dumping. They have now sold 80,000 in the past few days which is still in the retail holding area (many people I know have well over 100K). Just a guess but I would not expect to see much more selling out of this house...of course I was way off on Yorkton but that is another story.

Best Regards
KEITH