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


To: keith massey who wrote (1649)11/10/1999 2:13:00 PM
From: Mr. Oil  Respond to of 5053
 
Perhaps as a suggestion Keith you might put the additions in bold or Iteliques so that those of us who have read the original content would quickly be able to read the additions. I think that would be useful. Many thanks.
Ray



To: keith massey who wrote (1649)11/10/1999 2:27:00 PM
From: Kevin Hamlin  Respond to of 5053
 
The 2nd leg of the move up is now establishing itself as having begun. The support at the .91-.92 level was perfect. Now if you take a step back and look at the consolidation as a bull flag of the overall move of the past 2 weeks, and then consider that the classic example of the bull flag suggests that the flag is only the 1/2 way point of the overall move, then there is a very nice upside still to come. (First leg of the move was from .70 to $1.08 level. The "flag" is formed from $1.08 to .92 over the past 3 days)

JDX has been behaving very typically during this "anticipation stage". Personally, I think the flag/consolidation will represent the 1/2 way point of the overall move during this phase prior to news, which will bring a good continued advance in the share price. If the news then times in as it may with this 2nd phase of the move having taken place, then I think we'll be seeing JDX at significantly higher levels still.

Regards,

Kevin