Trend is your friend?

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Montrose2

Rank: President [?]

Points: 2046 [?]

Votes: 80 Score: 3.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Trend is your friend?

posted on Feb 01, 2011 04:41PM

First we have the volume increment without further price fall.

Now we have disproportion in the "narrow range" bid/ask. I am not a short term flipper so I have never subscribed to a full level 2 service. The TSE site however shows the post close bid at 416,000 .24-.26 and the ask at 74,000 26.5 - 29.

I am aware that these things are just "snap shots" that can change in the blink of an eye but they can sometimes be seen as "indicators" of the general direction.

Then again I remain as a "glass is half full" kind of guy so perhaps I am looking at things through "rose colored glasses". Maybe February is our month.