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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (423)	1/19/1999 7:53:00 PM
From: Chad Barrett	Read Replies (1) \| Respond to of 3896

I hear you red! It has to rest at some point.... but... I think with the record volume we saw today, we should see some buying when it opens.... after that I totally agree that it could get drove down by a lot of profit taking. A nice period of consolidation certainly wouldn't hurt. I guess I'm taking a page from the BII book, the corrections always seemed to occur right after a large run-up on a morning where the stock obviously got ahead of itself. The resulting sell-off created enough momentum to take the stock back down to lower resistance levels where it consolidated for the next run. I plan on selling at least half of my shares near the open tomorrow just to reduce my exposure to any fluctuations this one may take. ... best of luck to you red! What plays are you riding right now? PM me if you prefer. Chad