40 replies to this topic

[dharma]

on my hourly charts, yesterday was the highest hourly rsi readings since the low of 10/30! interesting because that might only be 3of 3 90%long the miners dharma

Edited by dharma, 10 November 2009 - 12:32 PM.

[senorBS]

on my hourly charts, yesterday was the highest hourly rsi readings since the low of 10/30!
interesting because that might only be 3of 3
90%long the miners
dharma

yet you forget to mention that daily and weekly RSI diverged AGAIN. For me dailies and weeklies trumps hourlies, especially with today's decline so far, if we close higher than a different story.

NO BS

Senor

[stubaby]

on my hourly charts, yesterday was the highest hourly rsi readings since the low of 10/30!
interesting because that might only be 3of 3
90%long the miners
dharma

dharma:

To me looks like Wave 1 of 3 ended at the October high and 2 of 3 at EOM October - could be in 3 of 3 now - would need to see RSI move well above the October high (end of 1 of 3) level for confirmation.



stubaby

[dharma]

on my hourly charts, yesterday was the highest hourly rsi readings since the low of 10/30!
interesting because that might only be 3of 3
90%long the miners
dharma

yet you forget to mention that daily and weekly RSI diverged AGAIN. For me dailies and weeklies trumps hourlies, especially with today's decline so far, if we close higher than a different story.

NO BS

Senor

i didnt forget to mention. i am trying to bring out that in the short term the momo is gaining. now, it may work out that the dailies and weeklies are correct and we have a correction, i am leaning towards the market climbing higher and taking out the daily and weekly divergences. this is the nature of bull markets. that is why following oscillators, will get one out too early in a bull. yes, the possibility you state is true, lets see how it plays out
dharma

[dharma]

just finished buying this one meaof METANOR DRILLS 6.08 G/T AU OVER 10.5M AT BARRY GOLD ZONES EXTEND AT DEPTH 11/9/2009 8:16:06 AM - Market Wire VAL-D'OR, QUEBEC, CANADA, Nov 09, 2009 (MARKETWIRE via COMTEX News Network) -- Metanor Resources Inc. (TSX VENTURE: MTO) is pleased to announce new results of the drilling campaign currently underway on the Barry property which continues to extend mineralized zones of the Center Zone located between Zone 43 and the West Zone. The current drilling campaign allowed to investigate and to extend the Main zone on the Footwall of the corridor of deformation and zone 43-Central on the Hanging wall of this corridor, and to define gold bearing mineralized lenses between these two zones. Diamond drill hole MB-09-413 carried out on the Centre zone, which connects the West Zone to zone 43, returned on the section 830 E and close to surface, an intersection of 6.08 g/t Au over 10.5m. Approximately 75m towards the west, diamond drill hole MB-09-434 returned at an approximate vertical depth of 40m, an intersection of 4.24 g/t Au over 15m in a mineralized zone located between the Main zone and the Central zone and shows the gold bearing potential of the totality of the corridor of deformation. Diamond drill hole MB-09-435 returned on the section 890 E and at a vertical depth of 20m, an intersection of 3.29 g/t Au over 13.5m, including 6.62 g/t Au over 6.0m, which represents the extension towards the west of the northern branch of the Main zone and which confirms the continuity of this mineralized zone under the granitic intrusive mass. The diamond drill campaign carried out along the Central zone also intersected the Main zone (East pit) at vertical depths reaching approximately 100m and show continuity at depth of this mineralized zone located close to the northern contact (Footwall) of the corridor of deformation. dharma

[dharma]

looks like we may have finished a 5 up here. a correction appears to be in the cards. i have the 20-23rd as possible finish. although , we have been in a run here. want to bring my 90% back up to a full tank dharma

[dharma]

336-340 hui is good support dharma

[dharma]

did some light buying kgc dharma

[dougie]

dharma: did you mean support at 336 or 436? 336 is below the likely bottom i see in terms of expaning top

[dharma]

dharma: did you mean support at 336 or 436?
336 is below the likely bottom i see in terms of expaning top

436-440
dharma