Small consolation to longs

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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quackaphobe

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Small consolation to longs

posted on Jan 04, 2008 06:18AM

Candlestick on the weekly chart is a doji at the bottom of a downtrend, which is a strong sign for a reversal. Chart is still ahead of the 30 week moving average as well, for the old-school crowd.

Let's not forget, in the longer term, this is merely a Fibonacci retracement from the high. No biggie, and no surprise MJ picked that number. Doesn't take a rocket surgeon to ballpark a fib number...lol.

Holding strong

Quack

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