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2.5 stars

5630 Reads | 2 Comments | 1 People call this a favourite

Various charts I do will go here.. Technicals represent graphically and mathematically the war between the bulls and the bears, and the trends in that war. Over days, months, and yrs .. They must be interpreted without bias. Park your sentiment at the door and see what the sentiment is out there. One thing I promise, the charts will be colorful with cool lines and ovals.

  • Update ORT -- a.k.a. 2 for 2

    2664 Reads | 0 Comments | November 30, 2012

    Gold given another knock, the Comex reminds me of a bank robber in a town with a crooked Sheriff. Later I'll go into why gold is often taken down at the end of each month during options expiry. What it is like is, you buy tickets to a show, and the show is cancelled, and they keep the money. ORT update a week later Last Friday I discussed two stocks kicking at the door .. First MEI broke...

  • TMM pennant, ORT update

    267 Reads | 0 Comments | November 29, 2012

    ORT Update Another stock I mentioned last Friday as trying to breakout is taking a serious kick at the resistence pop can this afternoon. Is it a breakout? What will the close be .. I'll post a chart sometime after it closes.. TMM pennant so far 1 Pennant-like pattern so far on TMM (Timmins Gold, producer, Mexico) .. 3 weeks in duration, 2 signature declining volume. Support and resistance...

  • MEI Update

    139 Reads | 1 Comment | November 27, 2012

    UPDATE Just a quick update on my prediction last Friday. I predicted a breakout involving MEI as support drove up to meet resistance, and volatility dropped (see previous entry).  Combined with past patterns a move was likely imminent .. Well, next two trading days see... I may get into what next for MEI shortly .. or some other chart. IF THERE'S A CHART YOU WANT ME TO LOOK AT...


    2560 Reads | 1 Comment | November 23, 2012

    I do alot of charts, and post some of them, time to post them on a blog?! I must be bored..  MEI .. narrowing BB, support rising to meet resistance. Yes, I expect a sizeable move within 2 weeks..  MEI is an oil (and gas) producer, Canadian Foothills in Alberta. Notice the pick up in volume over the last couple months.   ORT .. sloping resistance under attack today .. will it...

Blog Administrator

2.5 stars

4 Posts