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


To: Dettmer who wrote (445)5/12/1999 1:39:00 AM
From: John Paquet  Read Replies (1) | Respond to of 1239
 
If both fundamental and technical agree at each other, then that is a sure thing.

You have very good points in fundamental analysis [ BTW to be cinfirmed by tomorrow nR right???] but lack of strong technical back up then it is a fatal.

Long term looks too long for me. I could buy at $3.35 why I do not sell right now if I could sell At $4.75. Go figure.

Beside Yorkton will down grade this GTR if results are not good like BII. Bii it was $33.60 week ago now $14.-15 you see.

The price action [it is my own opinion] indicates GTR is on the verge of crashing big time unless NR is good, but I don't think so, price action tells that poor results looks more likely, otherwise, GTR should closed above $5.00 or $5.75, now hit new low of that $4.50 and closed bearly to that $4.75.

It is my opion if I still long, I would be very cautious tomorrow, and prepare my contigency plan. As I said sell out that $4.75 and could buy at lower $3.00. That is money in the banks.

John Paquet

BTW I am a short term trader not long term investor that is for sure.

I make money and run, I do'nt feel greedy and fear.