On the other hand if the market remains firm and without a significant down turn we could have the formation of a cup .... if we stay steadish to form the handle.

If we do get the cup and handle ... taget of .53-.55 .... very worthwhile for anyone not invested and possible opportunity for a quick pop for us long termers on a quick trade.

Looks like I missed the boat .... I saw a cup forming that appeared to start towards the end of sept ... and going from .40 to a low of .15 ... a potential upside of 1/2 .25 or maybe .53-.55.

In fact the cup is much better starting pre sept at .50 ... new upside potential using cup and handle TA would be 1/2 .35 at .50 or .67-.68.

Pretty sweet improvement which may very well be aided be the wolverton capital coverage.

At .68 ... we are at least back to the days of MOE ... Upside beyond back before those days adjusted was 1.20 to 1.50.

Lets hope its happens sooner rather than later ... but I can live with later if I have to.

Orgy