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

To: John Paquet who wrote (15150)	2/24/1999 2:13:00 PM
From: John Paquet	Read Replies (8) \| Respond to of 26850

To ALL; WSP Bullish and Bearish Boys; I have covered all my short sells of this our WSP. For the following observations: 1. I detected that it is not easy to make any further more CD$$$$$$$$ as our WSP resisted to go down below that $3.15 for the last three trading days in a row which proves that forecast of that $2.56 can not materialize for a short-term 3-5 month prospectives. 2. My expectation of Mr. Alan Greenspan's these two days' talk did not drag that Down below that 9100, market shrugged his [only bit] warning, instead Dow break that 9400 now near 9600 in that 9575 area. Dow is bullish so I expect that WSP will be a bit bullish, too. 3. I noticed that when I first detected that sell at that high price ranges near $4.65 is much easier to make money as the odd is in infavor for me and the profit making are at its greatest. But these few days it proves it is toughest to make further more money so to speak. 4. Drilling season is at, very soon some good NR may come out. 5. I think differntly that WSP insiders may use this new set of drilling activities and ingniting a rally or big promotions in order to sell their 5 million shares due to come in March. I trust that any insiders or promoters would naturally do this kind of promtion timing and they can and will do it quite successfully. 6. This is the same concept of sell hi buy low or buy low sell hi, after near two month of down turn, I can expect that the odds in favor of its further down extention grow smaller. The incentive to short sell more and expecting to make any profits is much smaller than that early January when she was $4.65. 7. I am a short term trader intend to make sure money from the VSE TSE ASE exchange tables. NOTHING ELSE. i AM NOT AN INVESTOR AT ALL, A GOOD TRADER THAT IS FOR SURE. fOLKS!!!! gOOD LUCK TO ALL. John Paquet BTW I long 7500 our WSP as of today. I set stop loss near $3.15-3.17 areas Just to be nice in the bullish camp, that is all. I also have done profit taking all my ARP. I am very busy computing how many CD$$$$$$$$$$$$$ that I have made this far. A winner's accounts are growing big and bigger. A loser accounts are getting lesss and much lesser. It was 100% then 70% then 50% [half] then 40% that is a loser. Folks!!!!