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


To: SwampDogg who wrote (2447)11/23/1999 1:04:00 PM
From: John Powell  Read Replies (2) | Respond to of 5053
 
don't think Keith's having a hard time understanding the action, I think he's just citing a reason why the action's irrational based on available info that a lot of people just haven't realized yet - presumably with the hint that a good number eventually will realize it and turn around.



To: SwampDogg who wrote (2447)11/23/1999 1:27:00 PM
From: keith massey  Respond to of 5053
 
The thing that I don't get is why you as a T/A man who has done a lot of trading is having a hard time understanding the action in this stock

Fuddle...you just love giving me a hard time don't you<gg>

I have picked the top and bottom of this baby numerous times now so I think I understand the trading pattern just fine...we are right now sitting on the long upward trendline which is acting as support so I am buying. I don't have any trouble grasping that MOMO players who can't grasp fundamentals are bailing. What I am surprised at is that other larger players have not jumped in to pick up all of the shares of the weak handed MOMO's players. As I wrote before...this is going to take a little time.

Best Regards
KEITH