The Swamp Message Board - Msg: 23984648

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Strategies & Market Trends : The Swamp

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To: Wade who wrote (80)	10/20/2007 3:54:16 PM
From: SwampDogg	Read Replies (1) of 491

Don't own it but it is a good example of the strength in the market stockcharts.com Break higher out of a huge consolidation on the weekly with a minimum measurement to about $20.00. MAs just turning higher which is probably the most bullish sign of all IMO Great support at previous highs between $14.91-$15.39. This is the kind of "pullback" that I was talking about. Something but not much to get concerned about in the context of this bull. I actually might prefer to see a little hitch (rest) in the PMs over the next couple of weeks. It would eliminate a decision to cut back if the index ran too far above the MAs in the coming weeks. A little minor 2 consolidation during this normally weak seasonality would be super bullish (and not bad when the juniors are running).

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