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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (2274)12/1/1998 11:30:00 PM
From: Wilse  Read Replies (1) | Respond to of 3380
 
Heh Stew, What do ya think?
What we saw today was an exaggerated sell-off. It just got a little to much momentum for it's own good. Alot of people are invested in dml, nai, lab... and have been royally disappointed in recent weeks. A couple of rumours, some major blocks move across the board at less then palatable prices and everyone abandons ship!??? Call me crazy but I think that this market by nature is supporting some really wild(weird)swings and that it is feasible that this has simply been an over-reaction. Of course given the breadth of todays activity this had to be supported by 'profiteers', but all they had to do was pour a little oil on the fire.