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

To: John Paquet who wrote (10033)	12/5/1998 4:22:00 PM
From: Chas.	Read Replies (2) \| Respond to of 26850

John.......Here is the answer to the very last question of your posting.......The Wsp stock was driven to a 4.00 + high based on news release information regards Drilling, caustic fusion analysis, news of more potential targets regards pipes, kimberlites, etc, etc, etc............then the Bre-X fallout.....the horrible news that Busang was a bust, a hoax, etc, etc.......this news helped to put the entire Resource sector into a funk.........a down market.....a bullish mood........the Resource sector has not yet rebounded from this malaise, and Market apathy towards Resources, Gold, Diamonds, etc.......***.......Today Wsp is at 2.77 based on continuing good news regards the Geology of the play, continuing excellent public relations from the management, continuing good write ups from the Brokerage analysts, continuing good write ups from the Resource Newsletter writers and a generally good response (by volume) from the market in general that there is more to this Winspear Diamond story than just a bit of wildcatting by the Winspear crew....... TA is good, and sound, and intelligent, and scientific and generally works in most cases however you should not be blinded to the Play and the story by a faith in TA that is so strong as to be blinding while yet informative.......you John have to broaden your perspective and force yourself to see more than just the candles and shadows......you will have to work at it ....but you can do it, you are a smart guy....but on this thread you are Akin to "a seeing man in the valley of the blind"

To: John Paquet who wrote (10033)	12/5/1998 4:52:00 PM
From: The Fix	Read Replies (1) \| Respond to of 26850

Sorry John, TA means diddly on the VSE! Trust me on this one. If you'll ever learn two words about the VSE it's......."Market Manipulation". The VSE is meant to be played on momentum. Charts, indicators, sticks, ranges, MA, yadda dadda da means squat at this casino. The pit boss always wins and learn the house rules before you ante up your bet. What would your sticks/charts say if WSP halted first thing Monday A.M. and announced a revised tonnage of 12 million tons of Kimberlite, Or a cone sheet like Dr. Bob or TeeVEe have been hyping. I guess that you'd be a "Candle in the Wind". Happy trading you. fIXER