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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject12/5/2002 5:40:04 AM
From: crustyoldprospector  Read Replies (3) of 36161
 
From SKI: "... a huge upside move is likely. A powerful up-move that could continue for an unknown (unlimited potential) time period.

"If we stay above 4.03 tomorrow (and it certainly appears that we will), the 35-39 index would give its buy signal executed on Friday. It is also likely that the 92-96 index will execute its buy on Monday's close. Such a pattern appears to be very bullish. It is called a true triple buy: the 16-20 buy at low prices followed by the other two index buy signals before any index has sold. Frankly, this has NEVER happened before since my prices began in 1974. It may be so bullish that I'm at a loss for words."

321gold.com
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