To: james flannigan who wrote (9464 ) 11/16/1998 2:04:00 PM From: bill Read Replies (2) | Respond to of 26850
Yes, I have a fistful of tickets. That's why I'm out in the yard waving at the engineer every time the train goes by. It's obvous from the postings and the lack of postings that no one knows what freight the trains's carrying. Something has brought in the buyers. Last night I did some TA and without some new element the stock should have dropped back today on low volume. I was expecting a fall back to the 1.65-1.75 range. I'd have bought more tickets at those prices. There is some aggressive buying going on. It may just be be nervous fingers on the trigger because the volume is still low. With everyone waiting for news, a generally positive feeling about the stock, there are a lot of people ready to put in instant buys at any sign of movement. I think I compared the situation once to duck hunters on opening day. Everybody's out in the marsh primed to shoot.One lone duckg oes over an someone takes a shot at it and suddenly, all around, there are shotguns going off. People shooting but not sure what they'e shooting at. What I find interesting is how tight any real news has become. A lot of posters who normally have quite a bit to say have become very quiet. They either have no tid bits or they're not saying. There was all that buying on no news that drove WSP to 2.50. The run back to 2.30 could be attributed to the Edmonton aricle and Dr. Bob. Today, not a single new fact and a little run to 2.12. I doubt if it's the article in the Northern Miner. They usually trail well behind the market with their news. Unless you live in Boondoggle, Sask with no intenet or Globe and Mail or National Post, you know the NM's news before it arrives. Could be the boonies buying, of course.When one has access to all these resources, it's easy to forget that everyone doesn't. ABZ was down early today to below 8.00. That was expeced. Havent' seen any more trades go by. The sellingmight have dried up because WSP has moved up. I expected ABZ to drop back to around 7.65. That would hav been a good buy with a cance of a run back to 9.00. MPV has bumped up 25 cents. No sign of any closeology stocks making a move. SDN, for exmaple, is 5 cents down one cent. No KLA or TYS. More and moe curious.