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Gold/Mining/Energy : Envoy Communications Group (TSE : ECG) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Esau who wrote (187)6/12/2000 12:15:00 PM
From: Cush  Read Replies (1) | Respond to of 274
 
Hard to read today's reaction.

The nasdaq is doing a Monday sell-off.
I think it's Peter Lynch, in one of his books, who describes the Monday sell-off phenomenon.
Those investors who have recovered somewhat from the extreme sell-off this past few months, have the weekend to worry about their portfolios, and make the decision to lock in the recovery by bailing on Monday.
This nasdaq volatility is making everything hard to read.

On the surface this looks like an excellent day for ECG.

In the face of an almost 100 point sell-off on the Naz,
at the moment ECG is up $.80, on about 3/4 of million shares traded (ECG & ECGI).
At least 200,000 of those shares were a cross, I believe.

Still looks very good.

Cush