Goldminco Consolidated Mining Corp. GMC (was GMO) Message Board

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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)

GMO 0.0121

0.0%

Jan 21 4:00 PM EST

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To: Ron Everest who wrote (422)	5/21/1997 6:20:00 PM
From: floj	of 588

Hi Ron: That was short lived. Wouldn't you know the one stock I attempt to share the OBV theory with, proves to be one of the more challenging ones. I don't know if I'm getting myself in deeper here, but there is a technical phenomenon in the OBV theory called a "fakeout". GMO's on balance volume is showing all the characteristics of a "fakeout" This usually occurs just prior to a very bullish upside move. Next day or two will tell. Keeping my fingers crossed if not I'll keep my mouth shut. Flo J

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