Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Powell who wrote (1666)	11/10/1999 5:47:00 PM
From: Kevin Hamlin	Respond to of 5053

<<<and little doubt Friday will have more in store...guess I should just cough up and add that tiniest last bit in at market eh? >>> As of yesterday I'm pretty much loaded up on JDX, so it makes it easier to be choosy for that last bit. Given the way it traded today, I think people will have one more day to get in before a breakout over the resistance at $1.10. Personally, I don't think the same opportunity will be there Friday, i.e., the move up will already be in progress. As well, I think there will be another wave of renewed speculation buying as we go into the weekend....people looking for the news phase to start and hoping that it comes on Monday...a nice day to release positive news. That $1.10 level is a pretty key resistance level, both recently and historically. My guess is that as people see that the level is going to break (and not come back), the technical traders will take it out quite quickly in order to establish their positions, allowing us to then look back at this level as support. Beyond this level, it opens up quite nicely. Regards,