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)

Free
Message: You know Baba

You know Baba

posted on Jun 05, 2008 04:15AM

that was kind of a barb you tossed out the other day, saying the board if missed the mark in predicting the low, and then in the end, when you got your reply, you dismissed the answer.

For full disclosure, I enjoy using TA, but it isn't everything, and it certainly can't predict every move. If anything, TA is useful for detecting certain hallmark trading patterns. Who really knows why TA is effective at times? Maybe like Old Joe thinks, it's merely a trail the MM's leave behind, but can't completely cover.

Another thing is, the market is STILL motivated by fear and greed, and that hasn't changed since all the trading on Wall Street was first conducted underneath a tree. So, if anything, TA is an indicator of the PSYCHOLOGY of the forces of the market.

I believe primarily in the fundamentals of Noront, I am completely prepared to throw any and all technical analysis out the window as I wait for this amazing opportunity to come to fruition.

The more I read about the geology of the RoF, the more exciting this becomes.

JMO






1
CMP
Jun 05, 2008 05:57AM
Share
New Message
Please login to post a reply