Message: American Bulls, Confirmed BUY for Silverado Stock
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| SILVERADO GOLD MINES |
3-31-2009
(excerpts)
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 03.26.2009 (4) days ago, when the stock price was 0.0097. Since then SLGLF has gained 39.18% .
BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 0.0125 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.
The significant failure of the previous SELL signal is unfortunately confirmed too.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.
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