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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Falcon095 who wrote (3869)5/12/1999 10:39:00 AM
From: High Grader  Read Replies (1) | Respond to of 5206
 
Let's see how good/lucky/accurate I can be. We should see a bottom around .35 if this is a classical zig zag. Then movement up with a gap as it goes into wave three. A gap occurs when the shorts have to chase the price to get out.

As I said earlier, it is all theory and sometimes it is extremely good. Taking a position at the .35 area, if the indicators are suggesting that up action is ahead, could be good.

Good luck all.