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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (584)	9/29/1998 4:16:00 PM
From: Famularo	Read Replies (1) \| Respond to of 4467

It needs to be confirmed, ASE regulations, but Kennecott is a big boy and would not make such a statement. Agree, there is a slight chance it is not but I spoke to a few people today and it is pretty well confirmed. What we don't know if it is diamondifirous! Ashton has close to 30 kimberlites and is trading at $1.45(a steal) with 5 diamondifirous pipes. Montello has ignited the play but it may be short lived if the pipes are NOT diamondifirous.. regards Frank

To: Stew who wrote (584)	9/29/1998 4:21:00 PM
From: keith massey	Read Replies (2) \| Respond to of 4467

The trading pattern of the diamond stocks today is not a healthy. After the initial run-up on the news most of them pulled back from their high's by 50% on big selling. Several of the ADP players did not move at all today. I don't have to be a diamond expert - I let the charts do the speaking for me. Best Regards KEITH

To: Stew who wrote (584)	9/29/1998 4:34:00 PM
From: Sleeperz	Read Replies (1) \| Respond to of 4467

My day trade today. I watched the market today along with CNBC. Heard that they cut .25% and no cut in the FED discount rate, so this was already discount in the market and the DJIA sold off to -90. At that time the TIP,tse had bottomed at $31.50. On CNBC they start talking more cuts in the future. I picked some up at $31.60, planning on holding to tomorrow for window dressing. The DJIA rallies to +30-40 territory, yet the TIPs manage to rally to $32 still negative -$.55 .. Something is wrong here, the TIPs should be at least near UNCH. Then DJIA starts selling off. Then CNBC announces that HeavyWeight Nortel had a Press Conf today and is Halted NT,nyse -$5, NTL,tse -$7, LUcent also off. Sales are slowing down. SCARY, SCARY, AS Nortel goes down so does BCE and the rest of the CDN market. I got out @ $31.80. Oh well after commiss enough for a beer. Moral , Nobody loses taking a profit no matter how small it is. Lets see what happens tomorrow. Also CNBC is Real Time and moves the market.