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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: TA

TA

posted on Mar 21, 2010 10:21PM

Hi all...

A run for .15 cents is probably in the cards this week, but it does raise a technical 'red flag' if it reaches .15 but cannot break thru.

The term is called a triple top.

Anyone interested in the analysis can have a glance at

http://www.investopedia.com/terms/t/tripletop.asp

It is a fairly reliable indicator, but like always, any change in fundmentals will likely trump.

Just be aware the traders will be all over it if it fails .15

However, a gap at the open above .15 and all bets are off....15 becomes support.

Interesting times....

GS40

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