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Message: Contrary Indicator?

Contrary Indicator?

posted on Jan 29, 2010 06:09PM

Board members:

I logged in today, turned my computer speakers to full volume, pegged my font size to maximum, all the better to detect activity. Then I held a pin between thumb and forefinger (left hand for the detail-oriented) and dropped it to the computer desk top. I heard the plink it made.

So ......

Is this message board a contrary indicator of sorts?

As KBX vaulted from .65 to 1.80 this place was as busy as a Manhattan sidewalk. Ever more optimistic posts rolled off in a torrent.

As KBX has slid back to today's 1.07 close, the flow has been reduced to what would charitably be described as a trickle.

In retrospect, the apex of message flow was a good short-term sell signal. Is this almost total lack of message board activity a short-term buy signal?

Thoughts?

Goldcarp

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