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

To: brian krause who wrote (10069)	12/7/1998 3:58:00 AM
From: John Paquet	Read Replies (3) \| Respond to of 26850

Brain; This is to respond your request Re: "show me another one." OK!! Brain; This is the most important one. I have that gut feeling that it will happen even with the market opening Monday morning. That is a GAP DOWN BURST OUT DOWN SIDE. In conjunction withthe breakout that support level of that $2.71 due to STOP sell orders. This looks very very likely according to Friday last minute trading there were big sell orders took place and only a very small last trade at the colse at $2.77. The chart that Macros posted for us showed that tendency. Besides, these few days our WSP has been definitely in the down trend, and this down trend could last for 3 weeks or more so that $2.31 ; very first measurement target is easily reachable; and that $1.77 is not impossible at all. This bearish outlooks for WSP; it will wipe out the profits that many of "OUR WSP BOYS" are looking for. Some even are expecting for $4.00, some even looks for $5.00. This will be for sure that they will become very disappointed to say the least. However; I noticed that many others have locked in their profits and are waiting for re-entry by using their SMART-MONEY for examples in the areas of $1.77 to $2.31. Indeed, they are playing smartly and technically. Well Brain; you know this is just another session of SI Talks in our WSP classroom, for 100% discussion purposes, nothing else. Good luck for next week, and OUR WSP. John Paquet