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 Mond ...

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 in ...

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, DON'T BE AF ...

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 give, or hold.. ORT ha ...