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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: John Paquet who wrote (9925)	12/3/1998 9:08:00 AM
From: Chad Barrett	Read Replies (2) \| Respond to of 26850

<< WSP will drift downward firstly it will test that very first 50% RETRACEMENT LEVEL of current gains that is it: >> John, you are spouting drivel again! LOL.... As I have said before, I am not a "chart reader" who does so religiously, etc. However, I do know the basics of how it is done... and I think you are doing some overkill here!! Even if the 50% retracement theory holds this time... I think you picked the bottom WAY wrong! The starting point should have been the last consolidation level... which of course was in the low to mid $2's. For example, let's call it $2.10'ish... that makes the 50% retracement around $2.60. ... just my thoughts... and I don't think the charts will dictate the market (which you Mr. John Pacquet Ho Ho Ho Ho!!!! seem to believe). I believe that the market will dictate the chart... Chad