Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: loantech who wrote (33667)	11/16/2003 5:02:06 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

Tom, re CKG.v I don't think I can be of much definitive help. This appears to be more an issue of fundamentals, and that is my worst area. I don't have time to do much, and to be more honest I don't like doing it. I usually do some on my own holdings, but probably less than I should. I often forget what I read some hours later. I am better at remembering charts and such. So I think Claude much more qualified in this area than I. Re TA the chart is not long enough to say much with certainty. Here is Dpoints version. ttrader.com\'s%20charts&id=427&d=2 It obviously put in a powerful initial move. It appears there are now two possibilities re the longer term future. a) It is in a 'B' as part of an ABC corrective sequence. This would infer the price would most likely increase back up to the 4.5 area, and fail to punch through. It would then fall and complete a 'C', and complete the entire correction. b) It completed an ABC correction last August, and is now in a major wave up. The size of the first move was such to indicate the next wave should be a good one, if indeed it is in this 'next wave'. The PMO indicator is a DPoint exclusive, looks very positive, and does not give many false signals. It (the PMO) is rapidly increasing, and if you look at that little chart on the right, the leading component of the PMO is pulling rapidly away from the lagging. Either way there appears to be some good initial upside, and based on that I may take a stake very soon. Am presently very low on cash. I don't recall how we started discussing this, but thanks.