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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (1757)11/3/2001 6:52:00 PM
From: Goldberry  Read Replies (1) | Respond to of 11633
 
Bill I would interested in what your technical analysis is for PWI.un and AVN.un.

PWI seems to be taking a beating from the issue price of the latest underwriting and I suspect that this is probably the underwiters blowing out their overallotments or unsold positions.

Regardless of the technicals it probably will be mute if the cartel doesn't cut production as we are probably going to get hit with a world glut. NG is going to be trending even lower as industry uses less power and our only hope there will be a severe cold winter.

I recently dipped my feet in the water with these two but am wishing I had held off a bit longer. Hopefully there strong hedge positions will help a bit.