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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: rails99 who wrote (2471)	10/6/2001 6:21:48 PM
From: isopatch	Read Replies (2) \| Respond to of 36161

Gold Corp price action has been very good in recent weeks. And it's showing one of the most powerful accumulation profiles of any gold stock. Traders and investors customarily look at "accumulation" solely via TA measures like On Balance Volume, Accumulation/Distribution, Price/Volume trend, etc. IMO these measures, though useful, give an incomplete and sometimes misleading picture of what's actually occurring in terms of the actual flow of funds into and out of any given security. Although few are aware of or use the approach, share accumulation can be looked at directly vs using indirect TA tools.. "Direct Accumulation" is the name I've given this specific tool used in my own stock selection. It's another example of the approach outlined in posts here and on SAII last summer that utilized what can best be characterized as expanding the traditional sphere of fundamental analysis tools and techniques. Here's GGs impressive Direct Accumulation profile: nasdaq.com This is about as bullish and powerful a profile as you could possibly find anywhere in the markets. And it's consistent with GGs other strong fundamental characteristics that make it an emerging institutional favorite and an outstanding LT capital gains play, even when compared to most of the other gold shares. Isopatch