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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (3030)1/16/2002 9:46:59 AM
From: TheBusDriver  Read Replies (1) | Respond to of 4409
 
<<I have learned from bitter and expensive experience that when the charts don't confirm your analysis, something is usually amiss and it is best to get out.>>

Agreed. However, in the case of BAY we know a LOT about the resource. So a correction, even like we had that went back to $1.30 was tollerable. I didn't like it, and I did a bit of hand wringing but I KNEW the resource was real. There is always the chance something is going to come along we will not know about, for us guys, even insider trading is not reported until it is too late, so I take your point.

From a TA point of view, I have to agree with Z we are still correcting. It looks to me that if we cannot hold here we should hit support in the 2.25 to 2.12 range. Then there is strong support between 1.75 and 1.95.

In the end you have to do what makes you feel comfortable<grin>.

VT, you have had a few days to look at BAY charts, care to offer an opinion?

Wayne



To: Little Joe who wrote (3030)1/16/2002 2:17:02 PM
From: TheBusDriver  Respond to of 4409
 
OH! My, what happen here? <grin>

kitco.com

Another run in the making?

Wayne