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

To: Greg R who wrote (601)	1/25/1999 1:22:00 AM
From: keith massey	Read Replies (1) \| Respond to of 2259

Greg: You are making me more confused by the minute You just told me that..... INPATHIQUE is best at predicting the long term trends and yes, where and when the trends will reverse. Short term trends are a problem because of the lack of data points. You also told me you shorted COS at $7.5 because.... But what I did know, for over six months now, is that COS would be dropping at this point in time as it HAD to drop down through what we call a First X-over point on its Bull-Set. However you also shorted COS at $5.25 on Dec 15 right before it took off to $7... On INPATHIQUE's public projections page the bull calls were closed last night and a bear position assumed for Corel. (from COS thread on Dec 15) When I asked you why INPATHIQUE told you to short COS on Dec 15 you told me.... As for COS, you are taking that one out of context. There was an opportunity to take advantage of an INPATHIQUE predicted decline in the stock's price over the next 24 hours. It was sold on Dec 15 at $5.25 and bought back at $4.85 on the 16th for a fast 9% profit. However I thought you just told me that INPATHIQUE is not good at short term trading??? How could it have told you to short at the high of the day and cover at the low of the next day right before it gapped up on the third day and never looked back. Also it is amazing that you covered at $4.85 (the low for the day) since it only traded there in the last 4 minutes of trading. You mentioned that Its hard to compare INPATHIQUE to TA INPATHIQUE is technical analysis unless your using stock fundamentals when building your charts? There are only so many ways you can interprete open,high,low,close and volume of a stock. The technical indicators that you are using for INPATHIQUE probably have merit. However no technical indicators can predict the long term trends and yes, where and when the trends will reverse. I have a strong math background (B.Eng, M.Eng) and would quit my job in a second if I thought any mathematical formulae could predict the long term future of a stock. Best Regards KEITH