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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?

To: floj who wrote (316)	3/21/1998 2:50:00 PM
From: bill	Respond to of 1288

Thank you, FloJ. Much appreciated. Sounds like it will take them April to get ready (unless they have already started the prep work), May and June to get the drilling done. Interesting about the "pennant". I'll make a print out and try to see what you are seeing. Good article in the Globe and Mail today on day trading and the use of technical analysis. That sort of thing does spur one on.

To: floj who wrote (316)	3/22/1998 4:34:00 PM
From: bill	Read Replies (1) \| Respond to of 1288

Checked the chart. See what I think you mean by a banner. It looks like it is forming a base at 1.60 with the volume dropping off the price being squeezed down to fit a narrowing point. I've been fooling around trying to figure out Japanese candlesticks. Three days ago the chart formed a dragon fly doji which according to my notes is a bearish trend reversal. The last two days formed identical hammers, one night, one day, both of which are reversal signals. OBV is going nowhere but it will be interesting if both the regular TA and the JC both turn out to be accurate signals of a breakout to the upside. I'm run under or over (tire tracks on one side of my body or other) with regular business so haven't had time to learning more of this stuff.