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Gold/Mining/Energy : Eldorado -- Ignore unavailable to you. Want to Upgrade?

To: menanna who wrote (521)	9/12/2003 3:48:56 PM
From: Kaena™	Read Replies (1) \| Respond to of 527

This guy has terrible timing. This stock was a buy under 20 cents back in 2001. Currently the stock is overbought and has broken down through its 20 day MA support. We may get a bounce here or a possible retest but the risk-reward is too high. I plan to reenter after the next correction in gold. This stock will probably retrace 50% of its gain from C$1.70. From its recent top of 3.70 that implies back to the 2.70-2.80 area. Also this is where it will hit its longer term supports of 140 and 180 day moving averages. This is definitely a great stock.

To: menanna who wrote (521)	9/13/2003 2:14:55 PM
From: jrhana	Read Replies (1) \| Respond to of 527

EGO (ELD.TO) has been a nice steady part of my portfolio It is also on Richard Russell's recommend list I am willing to ride out the ST corrections as I am not the best at playing them although the AMEX listing does help in making the stock more tradeable. Raymond James is a nice solid company. I remember they were outspoken in their warnings about the unsustainability of the tech bubble. With strong roots down here in South Florida, they have an impressive track record. webreprints.djreprints.com So their recommendation carries a lot of weight IMHO I am holding on to EGO (ELD.TO) (along with baby brother ANOu.TO)