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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: dan jay who wrote (236)	11/27/1998 8:01:00 PM
From: Ed Pakstas	Read Replies (2) \| Respond to of 15703

>>>Where do we see this going in the short term. <<< Dan...I really wish I could tell you... Last night I was telling a friend of mine that this puppy was going to retrace back to .81 from yesterday's close, based on what the charts where saying... Blew that whole theory right out of the water this morning, didn't it... I'm taking this thing one day at a time...I was looking for this puppy to retrace 20% or better from the high of 1.50 today... We came within .01... Below 1.20, I would have gotten back in for the day... She bounced from 1.21 right back up to 1.40 and then it started to fill in right after... While I was waiting for it, another opp. arose so I took that one instead... MD showed it really top heavy at 1.40 About 40K...near the close...I'm surprised the way SOG took off 'cause when ELK was trading at the 4.00 mark, SOG was sitting in the 1.50 range and the KOB was sitting around .20 behind it... That makes sense considering the amount of shares each company has issued...SOG's behaviour after the close of the TSE, might have been typical of a VSE stock...I can't figure out why she took off like that...I supposing that if ELK and KOB sit where they are on Monday, I should re-trace back to the 1.50 mark... But then again, what the 'ell do I know... This is spec. market we are playing... If I see an opportunity, I'll go for another ride... I gotta go... My wife's gonna give me a whack in the back o' da 'edd purdy soon... ...ed