Venture Exchange

Venture Exchange volume jumped yesterday to its highest level in a few months as the Index closed above 1300 for the first time since late May…we’ve stated this repeatedly recently but it’s worth mentioning again…a critical long-term moving average to keep an eye on is the 1,000 day SMA which is now guaranteed in our view to reverse to the upside within the coming weeks…this will end a four-year decline and what that could very easily mean, no matter how hard this might be for some readers to accept, is that the Venture is in the very early stages of a new bull market…back in May, June and July, mining and exploration stocks were radioactive…few people wanted to go near them and brokers were hiding under their desks, if indeed they were even showing up for work…that’s always the sign of a bear market bottom…at some point, the move up will rapidly accelerate…patience is required right now, though, with individual stocks and the market as a whole, as a lot of investors have been bruised badly over the last year-and-a-half…