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


To: marcos who wrote (10011)12/6/1998 3:32:00 PM
From: John Paquet  Read Replies (3) | Respond to of 26850
 
Hey Macros;

I appreciate for your posting that beautiful chart of OUR WSP.

You wondered that " Well, I'm not sure at this point... trying to decide how much to pick up for Monday/Tuesday/Wednesday morning.""

Go on you said ".....and how much to pay....."

and go on you said ".....ususally sells off about now....."

I was anticipating exactly that big sells off during the last few minutes, as I expected that there are some or many sell stops right at $2.70 and $2.69 areas. Those who bought our WSP cheap they intended to lock in as much profits as possible and figure out if OUR WSP breaking that support of $2.71, I am out by market order that exactly what it means stop sells, at $2.70.

Although Very luckily, our WSP did not touch that $2.70 on Friday yet I shall see our WSP will this week; And I shall see our WSP reach $$2.31 as a measurement of the target is computing as follows:

potential Target .... $3.11-$2.71 = $.40

$2.71- $.40 = $2.31

This is the first target down turn. Maybe more depending other factors play into that areas.

I see lots room to go down; your chart looked ever bearish.

Another session of SI Talks, purely for discussion purposes, nothing else.

John Paquet