Where are we going???

James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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CGB

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Where are we going???

posted on Mar 29, 2008 03:21PM

I came into BMK for two reasons; 1) They were a user of Diagnos' CARDS system and had 11% of their shares bought by McEwen Capital (who also uses Diagnos for 5 of his other holdings) and 2) wanted to make money.

Sounds pretty simple. Well, nothing ever is :( In at .60 out at .54 due to a sideways trend. I want my money to move and grow, not do the sideways shuffle.

We are setting at our lowest Fib retrenchment, our 13 day MA is about to cross our 200 day MA on the downside, in a MACD downtrend and oversold. Our daily swings have been getting smaller and smaller which is a sign of complete indecision between the buyers and sellers.

Where am I going with this you ask?

I think we are going to see a major swing up soon. Too much accumulation right now. Above $0.45 and I'm back in.