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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: excardog who wrote (20071)3/11/2003 2:49:06 PM
From: t4texas  Respond to of 206118
 
hummmm. it's showing a homing pigeon pattern(nice), but today it is not showing any positive confirmation.



To: excardog who wrote (20071)3/11/2003 3:46:41 PM
From: chowder  Respond to of 206118
 
No Cardoggie, I haven't bought HOFF yet. I realize 2.90 may have been an opportunity that is attractive to most. It would have been to me, in the old days.

I'm not concerned about price. I'm concerned about movement. I haven't noticed anything in my technical indicators suggesting the price is ready to move in the way I like to see it move.

Studies have shown that 70% of a price's movement occurs in a 30% time frame. The type of movement that had me in RRI and CNP just days before their best price moves. A lot of times technical indicators will provide the clues that the movement is coming. You have to be patient for those clues to set up.

I haven't seen those clues in HOFF yet, but that doesn't mean we haven't seen the bottom. It's just that I'm not interested in catching bottoms, I'm interested in catching the movement, from whatever price it chooses to do so.

HOFF remains on my radar though.

dabum