Yesterday the DOW got a boost as Buffett offered to reinsure some liabilities of US bond insurers. Today we face retail sales #'s in the US. It seems every day there is something new. It has been said bull markets climb a wall of worry. Are we in a bear market or just a pause in the bull market? We teeter on the edge thats for sure. Some say the bear has already taken over, others claim its just a pause in the bull market. I suppose time will be the best judge. Whichever kind of market it is, lately, the market favours those that are nimble. Be careful out there and don't forget to use stop losses. JMHO

Yesterday the McFaulds Lake stocks were blind sided by a sell off late in the afternoon. It was a low volume sell off, but a sell off none the least. Often low volume sell offs are accumulation times for those in the know, as the MM's run the stop losses and buy on the cheap. Looking at the chart of NOT, it looks like we could see some more pain today. NOT needs to hold support at $4.44 or we could test the $4.10 range around the MA(50). The pivot point for a turn around in share price is at $4.68. Personally I bought yesterday but would sell if key support levels are breached. I definately would load up if the MA(50) is tested.

What NOT needs to turn itself around today is some news. Anyone else here hear anything on the visuals from DE2? If I see some volume buying, I will back up the truck.

On the rumour front, I have heard NOT has drilled the ghost bridge from DE1 on the NOT property side, that goes onto FNC property. I expect visuals from this any day now if it is true. Also have heard rumour that core has been pulled from DE2 and we are going to like what we hear from this. Stay tuned to a rumour near you. LOL

McFaulds Lake needs news, assay or visual, it all works !!!

Al