itc, page-3

i'm having a little trouble at the moment seeing the fundamentals, production is gradually falling, and no word on m2, m3, etc.....

so at the moment im rellying on technicals, and the graphs are telling me to stay on the sidelines for now.

most of you would know i've been a big itc fan for a long time, but since mid april my posts have warned the technicals were looking ominous, i took good profits and am waiting for a cheaper entry point.

as for my sarcastic reference to so called sophisticated investors, that refers to the co. selling heaps of paper at what now seems over inflated prices. at the time i complained they should be offering those shares to existing shareholders, but in hind sight that worked out for the best.

as for a little quiver in price, they have fallen 30% from the the 10cent issue price, and 60% from recent highs, thats no small quiver.


good luck to all