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

To: SwampDogg who wrote (2964)	12/7/1999 12:37:00 PM
From: keith massey	Read Replies (3) \| Respond to of 5053

Fuddle I said that wasn't directed at you, although you took it that way, and fully stand by that post and really do believe what I wrote. If you have ever read Dr. Elder's book or have seen it happen you will know it is very ugly to watch. I personally have seen numerous people ride stocks right into the ground and get kicked right out of the game never to return.... not a pretty site. A few of these people have been close to suicidal. My average cost on JDX right now is around .88-.90 so I am still averaging up. If the management puts something out that I think is very bad for the company and changes the fundamentals I will bail in a heart beat. So far I have liked every move they have made and really like how the company is developing. After talking with management at lenght and seeing all their recent moves I also highly doubt that they will screw up anything in the near future. However, as part of my own stock rules I will also bail at my pre-determined cash loss point which is far from the current price and well below my average cost price. This is investing and not day trading so my stops are a hell of a lot looser. Does the chart look pretty the last couple of days - NO Have the fundamental changed - NO Will good news send this stock significantly higher - very likely. Do stocks normally pull back this much after a big run - almost always I do not and did not want to be caught empty handed when the news was released. Best Regards KEITH