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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (3309)	2/2/1999 6:54:00 PM
From: the Chief	Read Replies (1) \| Respond to of 62347

Apparently what is driving Inuts down (other than they are "stupid high anyway) is that alot of stock held by insiders came loose today in companies like Ebay. The media have been talking about this for sometime as another ominous sign that Inuts are about to tank. So in an all out effort of self-preservation, people began to bail before the "locked up" shares became tradable, which then became a self-fullfilling prophecy. The early fall of the Inuts carried over to the day the "locked shares" became unlocked. People then blamed the continuing fall on the "unlocked" shares and they began to bail...continuing the self-fullfilling prophecy. BII just got sucked into the downdraft. I believe there will be a feeble attempt to open BII higher first thing tomorrow if any of the US Inuts are higher in aftermarket trading. If not we could see a rapid deflation of the balloon as early as tomorrow if the stock breaks $6.00 with a target of $5.45 in the shortterm. Disclaimer The author continues to abuse his grey cells by consumming copious amounts of Glen Livet. At some point he may actually fluke one prediction, and get it right, however, the odds are against him!! But if he does get it right, (I personally know him), he'll gloat for a week, and make his wife miserable at infinitum. If proven right DO NOT give him any credit, this would result in him "strutting around in his "pastel PJ's", in the middle of the day, like a freakin peacock, giving "high fives to his only friend"...his PII 450"!! the Chief