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

To: keith massey who wrote (1683)	11/10/1999 11:41:00 PM
From: keith massey	Read Replies (1) \| Respond to of 5053

In case anyone didn't notice on that chart...we have almost the same exact same month, price action to the penny and volume as the start of the run in 1996 on JDX. Lets hope it continues on the same path. This is taken from a post the Flying Dutchman on Stockhouse: "If a market gaps out of a long trading range on a burst of volume and continues to make new highs or lows, you are probably dealing with a breakaway gap. If prices have gapped to the upside, buy and place a protective stop at the lower rim of the gap. A valid breakaway gap almost never gets closed. Reverse the procedure in downtrends. Waiting for a pullback when a new trend has just begun may leave you on the sidelines." - from Trading for a Living, by Dr. Alexander Elder, page 100. Thought I'd bring that observation up for the benefit of one of the concerned posters on SI. Rob.