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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (5195)	6/11/1998 10:04:00 AM
From: John Paquet	Respond to of 11676

JL; Although it was a intra day chart yesterday, our DML showed a beautiful head and shoulder reversal patterns, it indicated that bye this down trend and Hello bull trend; up trend. And this morning our DML demonstrated even much more strength not only confirmed yesterday's head and shoulder reversal pattern but also it opened a gap up @1.34, this indicated how strong our DML is, of course, it is still in the early morning session. But you know that 1.25, 1.29, 1.30 our DML is far much oversold, it has to bound back up naturally, to say the least that 1.50 will have to cross over with ease, and will gain very supportive at 1.75, and will have to close that open gap somewhere @2.25 areas. Of course, we will have to wait and see. HL; YOU KNOW THAT "WHISPERING HORSE" STORY, HOW SHE BECOMES FULLY RECOVERED, THEN YOU WILL APPRECIATIVE HOW OUR DML WILL, TOO. EVERYTHING NEEDS TIME AND PATIENCE RIGHT NOW TO BECOME A SUCCESSFUL INVESTORS OR SHORT-TERM TRADERS. Again, good luck for your investment and great success in the near future. John...

To: Buckey who wrote (5195)	6/12/1998 2:33:00 AM
From: John Paquet	Read Replies (1) \| Respond to of 11676

JL, further our talk this morning; a correction that I have to make to you after few confusion on my parts, and I like to make it clear to you. You know just by observing the intra day chart of DML for example yesterday, it has a beautiful intra day head and shoulder reversal pattern, and today, it had a climbing bowels up side down pattern, just use these two days as examples, it was bullish for our DML yesterday, but it was so bearish for today. How could you draw a conclusion out of this mess??? one day bullish, the other day bearish depending on the market disturbing factors of that day isn't it??? But how a normal person could foresee these so many market disturbing factors??? Nobody can. right ??? Right. So, I am going to tell you what confusion that I made during this few days. Luckily I got it straight right now. THAT IS IT; THAT INTRA DAY CHART ONLY GOOD FOR DAY [A DAY OR TWO TRADERS] TRADERS, IT MEAN SOME ONE BOUGHT A SECURITY AND SOME ONE HAS TO CLOSE BY THE END OF THE DAY HOPING MAKE SOME PROFITS OUT OF IT OR TAKE LOSSES. ANY INFERENCES DRAWN FROM THESE DAY-TO-DAY FLUCTUATIONS ARE QUITE APE TO BE MISLEADING. Now go back to longer term perspectives, that is we depend on that daily chart which based on each day's volume, hi, low, open, closed etc. Now the day chart reading for our DML as of today looks like this: DML top out at the ist day of May right 3.00 then after 7 days of trading in May DML had broken it support level of 2.40, before this day DML had a "spike" pattern which indicated that DML broke the major support line which was near 60 degree slope, implied that DML has enter correction trend [retracement trend, bear trend, or down trend] until 6 days ago from today DML hit 1.23, since then DML has behaved in neutral status with trading ranges from 1.23 to 1.42, so if we use daily chart to explain our DML for this last 6 trading days DML has been in neutral standing, it implies one day bullish, the other day bearish, that is exactly what it happed yesterday and today. But as trend theory tells us DML has rallied its uptrend from .75 to 3.00; a gains of 2.25 30% retracement is .75 @2.25 50% retracement is 1.12 @1.88 2/3% retracement is 1.50 @1.50 Normally, a correction at most is that 2/3% of retracement i.e. @1.50; that is why our DML has been much oversold of .27 as of today's closed [@1.23] unless our DML is no hope at all and then it will keep going down to, 1.00, 88, 75, ..65. then that is an entire situation. But look at the gold prices and silver prices, gold is still far above that $276.50, and silver is far above of that $5.00; both are still in their bull trend only their correction trend and DML looks very supportive @1.23; and this correction is nearly its appropriate 3 weeks period[ it implies that correction trend will be soon over.] Fundamentally, do you really think that DML $14.7 million drilling program is going to finished just by that first NR, I do not believe this at all. I expect some sort of pots and pans NR is coming very shortly. It is noted that During 1-2 week of DEcmber ,1997, DMl rallied from that .75 to 2.60 only took 4 days. I begin to think that as soon as rumors that NR is coming out our DML took 3 weeks to go down to 1.23, it will take only 4-5 days to go back up to that 3.00 again. Isn't this real fun of the penny stock games??? I hope this will make sense to you. John... P.S> I expect that this few days will breakout that 1.42, this morning is a very close call gap up but that US Treasure Secretary Mr. Rubin's big mouth in his strong US dollar policy pushed that gold down sharply then general negative market sentiment closed the up gap of our DML. or else we are in the bull trend of that DML already. PS 2. NAI ?? what happened to NAI, I did not watch NAI at all ????