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Message: Re: Is there News coming soon?
1
Oct 19, 2012 11:10AM
4
Oct 19, 2012 11:45AM

The shares are swimming against the current as is shown in Probe's increasing relative strength pitted against gold on the linked chart below. It can be said that our stock is one of the top performers in the sector and most likely is reaching for a price to justify pending news. Usually, when gold is in a defensive posture only the brave of heart or folks knowledgeable of inside information are buying with such vigor.

Today should be a count of 5 in the current Granville down-field trend which indicates we are closer today than yesterday to a short term bottom in the metal. Buying a few gold coins today on the anticipated 5 count at the close. One can only imagine in the environment void of news what the shareprice will do when gold turns up again. Although the next trend in gold will be up, it could be little sticky in here for awhile as the metal is manipulated to make the big boy look a little better prior to November elections.

http://stockcharts.com/h-sc/ui?s=prb.v%3A%24gold

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