The Santa and Jan Effect appear to be already accounted for in the present strong showing of the TSE & CDNX as there has been a churning type of action in my charts... as it would incicate a lot of volume and little actual price movement, one should only risk capital on extremely strong charts that are backed by extremely strong fundamental considerations.
I have posted some extremely strong looking charts to the favorites public list... It is my opinion that strong fundamentals along with strong charts will provide the oomph to the rest of the best time to hold part of the year. Go away in May is the mantra.
The bids and ask on Level II appear to be just ebb and flow in ever widening patterns... they are demonstrating continuation patterns with acceptable variations of volitility (up on high volume and down on low volume)providing solid backfill for continued advance to new highs.
Buy the dip seems appropriate, so I am.
AHR.V
Gold Play in BC.... .66 to .69 would be nice if offered. I have been watching for days and if this one breaks through this rising triangle formation... we should see another .10 cents on the small side to a move over 1.00 on a good run and it should hold the move.
CUM.TO
Copper/Gold/Silver in B.C... 2.25 to 2.37 would be nice if offered. This one has a larger upside and could run to over .300 based on the look of the TA alone never mind the fundamentals.
Just MOP.
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