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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffery E. Forrest who wrote (693)10/30/1997 1:32:00 AM
From: DDS-OMS  Read Replies (3) | Respond to of 4571
 
Glad to see someone interested in TA--most everything here is based on fundamentals. Use primarily Advanced GET's Elliot wave analysis and its Gann lines, along with Windows on Wallstreet. Chande's short term (8 day) Stochastic of RSI shows BCMD oversold @ 7 on 0-100 scale, with longer term oscillators still rising and nowhere near overbought. Technically, BCMD should be in for a bounce tomorrow or Friday. 13 day CCI is back to neutral at 0 after incredible rise to over 600 the day it spiked to 1.50

TA really starts with the rise to 47 cents 2 weeks ago, and that is really too short a time frame to have much faith in elliot wave analysis or Gann lines--which is frustrating as these are my mainstay tools.

What are you using--TC2000 or Metastock or what?

Regards,
Gary



To: Jeffery E. Forrest who wrote (693)10/30/1997 9:06:00 AM
From: Charger  Read Replies (1) | Respond to of 4571
 
If you imagine a mine like a "house of cards", say a triangle, then the hanging wall will be one of those sides of the house. The top of that card is where they are already finding .7 oz which is very very high for the top of the hanging wall. As the gold "falls" toward the bottom of that card (wall) it collects on the "floor" of the section known as the foot wall, (the floor of the card house)and that is where they expect to find 2+ oz of gold per oz.

I know nothing about mining, I have just been trying to learn through conversations with the company and the conference call held yesterday.

Thanksk for picking up my typo - Ariel, not Aries.