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

To: Penny Player who wrote (1494)	4/1/1998 10:38:00 AM
From: John Paquet	Read Replies (2) \| Respond to of 2505

Penny, DOW THEORY at works, looks at the charts of DML and FLK. Who says chart is not working. Charles Dow taught me how to use charts to forecast security prices. FLK breakout that reCtangular shape which was in retracement mode and confirmed its up trend and prices continue move higher and hit new hi. Today, this minutes DML breakout that $2.40 and will confirm that up trend patterns, prices will move higher and will hit new hi. See today, DML closed price and volume. By the way DOW THEORY IS ALSO CALLED TREND THEORY, A VERY POWFUL TOOL TO FORECAST STOCK PRICE GOES UP OR DOWN. DML will test that $2.85; DML's old hi, and will challenge that $4.30; DRZ's old hi. Maybe before DML's diamond drilling in few weeks. CWA had a breakout down trend in Nov. 1997, due to many negative market influences; i.e Gold fell below that US$$300.00, VSE down from 1400+ to 575, BRX fallouts, winter drilling closed up, and DML down to $.75 in December, plus tax sales etc. BUT now market factors have changed; GOld above $$300.00, svr even much better, VSE looks bottomed out at that 575+, will confirm its uptrend if VSE breakout that 640. [I think it will.] DML has moved from that $.75 to right this movement, it hit $2.59. Isn't this very close to that $2.85 ??, drilling programs in few weeks, Are INVESTORS getting excited???? and why NOT ???? Looks at CWA chart, it is in retracement mode since it hit that 17-18 area, watch that reretracement ended and will move to that old support line at 25-26, as market sentiments changed.