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

To: Andrew who wrote (14845)	2/16/1999 2:46:00 PM
From: John Paquet	Respond to of 26850

Andrew; <<<OFF TOPICS--RE GAC.TO >>>>>> As your requested, I took a good look of GAC.TSE Yes, She got tanked yesterday big time. And then it will have good dead cat bounce. Yesterday market open big gap down down $10.00 and a sell climax arrived. It had a dead cat bounce right away. It hang there for the rest of the day. This MOrning open a small gap up and the gap still not closed yet. Andrew, this gap down and gap up tell you that yesterday is very very much oversold, today it behaved a nice gap up. it indicating market jump ahead of the crowd for a few cents. This pattern for short term daytrade is an Island reversal temporarity short term bullish a very good dead cat is coming for few days at least.. My target will be in that $26.00 or $30.00 area as support level where was broken. It will go up there to re-test that support level and fail totally. Then you could short at $30..00 for sure and possiblely at $26.00 Today now at $21.85 -$21.95 is still a buy stop loss at 20.00 then move your stop progressively as she move toward $23.00 for example then set your stop at $22.00 to make back your commission at least or a few bucks for the fun of playing this market. But it appears that daytrading no advantageous cuz it is hrad for GAC to reach that $26.00 in a day, it would take 3-4 days for sure. That is why I do not trade daytrade at all too much commissions not enough profits. The best way to trade is based on pattern and a week or 2 week short term depending on the development on-going price movement like DOW, SP500 and Nasdaq, or TSE300 etc.... Get In right now at $21.85-21.95 set stop at 21.00 wait for 4-5 days or more or less and move stop accordingly. Good Luck Andrew!!!! John Paquet Yesterday it had big sell off, sell climax, very large volume you see. Closed at 2/3 area not at the top or else it would show more bullish otherwise.

To: Andrew who wrote (14845)	2/16/1999 4:00:00 PM
From: John Paquet	Read Replies (1) \| Respond to of 26850

Andrew; OK!!! I try this thread. Just click #reply-7852048 If I would set stop at 20.00 so I have more time to play although I might lose more. But it appears that 20.00 will be very hard to go down to so you have no risk at all due to that sell climax occuring right at 20.00 so 20.00 will becoming very strongly supported for sure. Andrew. @21.00 might get kick out if that Dow or Nasqaq behaves bearish you see. Good luck Andrew!!!! John Paquet Sorry!!! Folks I intended to post at the thread that Andrew request. Obviouly it become unsuccessful.