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

To: Ed Pakstas who wrote (1801)	5/23/1998 12:18:00 PM
From: John Paquet	Read Replies (1) \| Respond to of 2505

Hey Ed, Thanks; Dow Theory tenet #12: A TREND SHOULD BE ASSUMED TO CONTINUE IN EFFECT UNTIL SUCH TIME AS ITS REVERSAL HAS BEEN DEFINITELY SIGNALED. Ed, unfortunately this is exactly what it happened in the market place this 15-17 days, for our SVB stocks, DML, CYP, LAB, MGD, etc... but our CWA is luckily, still have some other properties in that Okay Bay and Cirque . Ed, you know as this bull trend for our SVB stocks carries on; the odds in favor of its further extension grow smaller. Thus such successive reaffirmation of a bull market carries relatively less weigh unless NR has that pots and pans.. The incentive to buy, the prospect of selling new purchases at profit is smaller after a bull market has been in existence for 5 months than it was in January 1998, but this Dow ##12 taught me " Hold your position pending contrary orders. you see. Another way to put is A reversal in trend could occur any time after trend has been confirmed This can be taken simply as waring that the Dow Theory investor must watch the ticker constantly and one day at time and that NR, of course, so long as he has any commitment in it or try to be in it. ED, this is exactly what you taught me too. " Watch that ticker and one day at a time , and that NR, of course." in order to become successful -- become a MMMM$$$$ dollar man. I am still very much hope that SVB will resume its bullish mode but I will wait and watch closely and more constantly to detect any signals that these SVB stocks are ready to take off again, then I will "JUMPING THE GUN" AND THIS TIME i WILL BUY WHOLE BUNCH, A WHOLE TRUCKLOAD OF THESE PAPERS. I will be ahead and much ahead of the crow so I could load up more as it is in low prices. Regards && Always; John...