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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?

To: Daytek77 who wrote (4315)	1/19/2003 12:48:11 PM
From: Al Collard	Respond to of 4470

Hi Tony, Your in with IVN-t short @$ 3.06 for 6,535 shares. Chart for Ivanhoe Mines Ltd: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of IVN we can see the stock closed lower on Friday, with a lower high and a lower low, on above average volume, bearish. The long black candlestick shows the bears were out in full force with the bulls panic selling as evidenced by the downward spike on the candle to push the stock under it's 50MA. It's do or die time for this stock early next week. It either bounces back up atop it's 50MA or it does the tankaroo and visits November lows. I would wait to see which way the stock wants to go early next week before deciding long or short. (Wait) Good luck with this pick, Al