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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (350)	1/6/1999 4:26:00 PM
From: StockPro	Respond to of 2259

Haven't looked at a chart at all, but .... MTI.B was given a recommendation by an analyst yesterday interviewed on CBC NewsWorld.

To: the Chief who wrote (350)	1/6/1999 7:18:00 PM
From: Ward Nicholson	Respond to of 2259

MTI.B: Awesome looking run. I agree about the resistance at $12.00... mild resistance, but still worth tightening stops at this point. What I tend to do in situations like these is sell where I think resistance will creep in, i.e. $12.00 or so, and then re-buy if I feel that the stock has a good chance of breaking through, or re-buy immediately after it has broken through resistance. Of course, such judgements are very subjective...I use the rhythm of the market depth and the daily action to make those judgements. I heard about this stock last night, as did Richard Dunhill, on CBC Business Newsworld. A very interesting guest they had on, but I must say I've grown very fond of CNBC and the quality of its programming, guests, etc. CBC could learn a few things from them. WN