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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (8829)12/27/2005 8:10:44 PM
From: Patrick Slevin  Respond to of 12411
 
Yes, I know about Sinclair/Tan Range/jsmineset but I have no idea why TRE is skyrocketing so.

I was going to buy it two weeks ago on a whim around $3.50 and forgot. Two days later it shot from 3.61 to 4.50

I finally bit the bullet and bought some around 4.60, figuring on doubling on a retrace.

But 5.90???? less than two weeks later?

On a Point & Figure Chart the thing is only one column. What gives, I'm dense.There has to be something other than exploration. News reports came out weeks ago on some potential diamond strikes.

Could it be that it's just so thin that the Canadian Markets are driving the thing like a ping pong ball, that it's hard to short, that it's just going to run up so later they can take it down just as hard?

Freaking thing is like a First Jersey Securities stock. Actually makes me nervous to have a position, small as it is.

-------------

I'm looking at the Silver Standard chart. Looks like a nice place to enter. Did you see the chart on Silver on the jsmineset link tonight? The chartist has a $15 dollar target in a year.

And I thought the drugs in the sixties were good.......