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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (761)3/29/1998 1:16:00 PM
From: CJG  Read Replies (1) | Respond to of 14101
 
TO ALL: For what it's Worth.

Looking (not an expert) at DMX's yearly chart, a triangle has formed
since the last spike in the first part of February.

This top ascending triangle appears to be nearing its apex (completion). My guess -- less than a week.

Coincidence --- just in time for DMX's possible position announcement on WF10??

Now, it would appear from the chart, that since the last spike Wave 2 is nearing completion and the third is about to begin. Third wave's tend to be very bullish.

With the aggressive bidding activity I have notice over the last 2 - 3 trading days, it tends to confirm Wave 2 nearing its completion.

Again, the coincidence of a pending announcement from DMX. Mark, this
might confirm your idea of the island reversal??

This same type of pattern has developed since the low to high from mid
July - mid September. Counting waves from here, it is nearing
completion of Wave 2, also. (Albiet, relatively long period.)

Interesting -- a shorter wave action and a longer wave action seem to be converging at the same time.

Are we nearing some positive/negative news from the company?? I'm hoping the positive side.

CJG