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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: Dettmer who wrote (443)5/11/1999 9:59:00 PM
From: John Paquet  Read Replies (1) | Respond to of 1239
 
To Goldsnow and Dettmer,

I just come to express my observation of this stock trading behavior.

The price action indicates that GTR.TO has dangerous and risky warning.

It indicates that the recent rally is ending, there is no more $5.00 any more. Or if your still bullish, a big correction is due to come, maybe tomorrow, as soon as NR is out, or unless NR has a very good results. Or else, it is really to bail out immediately.

A new target is set $3.35 in few weeks. And I am not kidding at all.

The price action this few days also indicated no good results, otherwise, it should be traded above $5.00 or $5.75, instead it hit new low of $4.50 after that run up of $6.15.

I am extremely bearish, that is all. I hope I could be wrong, tomorrow is judgement day. Watch the tape and NR closely and prepare to exit immediately if it is the case or act accordingly. out! out! out! and out !!!!! in a hurry.

I like two stocks as of today or yesterday. they are; SEM.A and RGO

both listed in TSE.

Both are money in the banks. And I am not kidding at all.

John Paquet