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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?

To: Rogue Warrior who wrote (2463)	7/29/1998 11:35:00 PM
From: David Carruthers	Respond to of 5164

Hi all, Here are a few facts about myself up-front: 1) I'm a SGGNF supporter 2) I'm a market technician and a fundamentalist 3) I don't have any real inside dope on the company Having said all that, my take on the recent market action is as follows: Obviously, we are in the midst of a low-volume sell-off. The low volume says to me that there is absolutely no urgency on the part of the SGGNF longs to liquidate their positions. This tells me that the fundamentals of SGGNF are most likely as sound as ever. If this were not the case, the volume on the sell-off would of course be much greater. Naturally, I don't like the recent price action, but I'm really not that concerned. It's the small holders, the nervous-nellies (to quote Ted Carter) who are dumping, and I try never to be influenced by their actions. Here's to good news soon, DC