I recommend having a bid in @ .0054 right now as it looks like the MM's are preparing a shake @ the .0053 wall to let some buddies in/cover their shorts

boingggngngngngnggggg

2 main leading indicators on 60 minute chart in oversold territory now. Daily, 1 of the 2 is regaining slope in oversold territory. If nervous folk would stop whacking the bid and letting flippers in cheap we should get a bounce here based on the charts..

Remember,

tops and bottoms are put in on high volume. so when you see alot of bidwhacks going through you know we are close to bottoming, just like this morning when we saw a bunch of buys go through at .007 representing a short term top.. putting in short term bottom here shortly... CSTI looks to be covering his short this from the open.

Instead of using the term 'falling' try the term 'consolidating' out for size. It sounds much better and is a much more accurate depiction of what CNEX is doing.

0.005-0.007 perfect loading zone and gives one space to build a comfortable average. Not saying we'll see .005's today but I've got bids down there just in case we do

Approaching 'oversold' territory on our leading indicators on the daily, not yet the case on the intraday but we are getting close. Better get those bids in because you will not be able to catch the dip otherwise IMO

Wowzer, congrats, looks like your buying pizza this weekend lmao

Yes maybe if you are looking at a 2 month chart. I was referring to the chart in the sticky posted by Monk.

I don't think we will be the beneficiary of a MOASS here because the MM's are on the same side of the trade as all of us. Either way it's a win win if spreads the words and the shares do truly get locked up. In theory it doesn't even matter what the company does, if there is no supply, the tiniest bit of demand will cause the stock to rocket. Add in a legitimate story, like the one starting to develop here, and you have the makings of a serious run IMHO.

I agree, but we need 'loyal longs' like yourself to post your opinions so potential investors play more than just the momo.

CNEX chart, time for retail to reload according to a/d:

CNEX chart, time for retail to reload according to a/d:

How come you've never once posted on the KATX board if you have been long and strong since November?

GS potential double bottom bounce or double bottom breakdown:

UA potential gap support bounce or gap retrace breakdown:

May's Big Selloff Could Be Just the Beginning
By BRETT ARENDS

Are you ready for a lot more turmoil?

You had better be -- because there's a good chance that's what you're going to get.

Nobody knows for certain, of course. All stock-market predictions need to be taken with a little salt. But there are reasons to suspect that the sudden plunges of the past few weeks may be unhappy omens of what's to come.


Like last week, with stocks lurching wildly with the headlines -- up by triple digits one day, down the next. For the month, the Dow Jones Industrial Average dropped 7.9% and is negative for the year. The Nasdaq Composite and the Standard & Poor's 500-stock index also are in the red for the year.

Some pretty smart people are cautious. Seth Klarman at Baupost Group is worried. John Hussman of the Hussman Funds says all sorts of warning lights have lit up across his screen. Even Ron Muhlenkamp of the Muhlenkamp Fund, who usually takes a sunnier view of things, says he has moved a big chunk of his mutual fund into cash in case there's a plunge.

How far will it go? Mr. Hussman says the technical indicators have only been this bad 19 times before in the last half century -- and on average the market plunged about 20% over the following 12 months. When markets were also high, like now, the picture's even worse.

Ugh.

Too many people have simply assumed that the last 14 months have been the start of the next boom. But it may have been a typical "bear-market rally" doomed to fall flat on its face.

That's what stock-market historian Russell Napier says. He thinks we're in a giant, generational slide that began in 2000 and has several years still to run.

We forget that the stock market moves in long, decadal swings. Slumps like those in the 1930s or the 1970s, or in Japan after 1990, weren't simple, straight-down affairs. They were punctuated by huge "sucker" rallies that eventually faded away. But, over all, the market bounced along sideways, or down, for a decade or two.

Two Decades?
The slide that began in 1969 didn't end until 1982. The slump after 1929 didn't give way until the late 1940s. Japan's gloom is still with us.

In general, the bigger the bull-market boom, the bigger and nastier the bear market that follows. The bull market of the '80s and '90s was the biggest on record. So expect the bear that follows to be ugly and tenacious.

Mr. Napier has studied the big stock-market grizzlies of the past. Generally speaking, they took a long time to die, and didn't do so until shares got really, really cheap.

March 2009? Not even close.

He fears Wall Street could fall by half, or worse, over the next four years before this bear is finally slain. Very few are that apocalyptic. But plenty fear more choppy times to come.

As one respected fund manager told me not long ago, Wall Street had spent too many years overvalued, from 1994 through 2008, for last year to mark the end of the reckoning.

Either way, stock markets today simply look too high. Based on certain long-term measures -- such as comparing share prices to asset costs or normalized profits -- Wall Street could be as much as 50% overvalued.

And then there's the economic backdrop.

It's not just the headline news out of Europe that has gotten people spooked. The problems are deeper.

This recession wasn't a normal one, so the recovery probably won't be either.

This slump wasn't caused by the economy "overheating," but by overborrowing -- on a massive scale, and over many years. It took place here, and in many countries around Europe, too.

Debt Hangover
The debt levels are without precedent. The bailouts have transferred a lot of private-sector debt to the public sector. But that's just moving the problem around.

The debt leaves a terrible drag on the economy as people try to save. And it is putting some countries' financial stability in question.

Inflation may yet come in due course. But Van Hoisington, a veteran bond manager from Austin, Texas, recently warned that the more imminent danger might be deflation -- falling wages and falling prices.

This is what has hammered Japan all these years. It's what turned the Crash of 1929 into the Great Depression. Deflation makes debts bigger in real, purchasing-power terms.

Where does that leave the regular investor?

Take a hard look at what you own, and what sort of downturn you think you could handle.

Too many investors -- and too many financial advisers -- are still running with the bull-market playbook: Take on risk; stay fully invested; buy the dips; equities always outperform.

Maybe it will work again -- if we have another bull market.

Are you really willing to bet your stack on that happening now?

A lot of very risky assets have boomed in the past 14 months. Investors in things like high-yield bonds and small-cap stocks have had a great ride. But if you couldn't stomach another plunge, you may want to scale back.

On the other hand, one should never get too gloomy. As a wise fund manager once told me, "Just remember, the economic fundamentals always look terrible!" And right now some blue-chip stocks -- here and overseas -- offer reasonable values. They may offer a good trade-off between risk and reward in this environment.

Write to Brett Arends at brett.arends@wsj.com

Here's a bear for you, this guy makes some pretty interesting points:

May's Big Selloff Could Be Just the Beginning
By BRETT ARENDS

Are you ready for a lot more turmoil?

You had better be -- because there's a good chance that's what you're going to get.

Nobody knows for certain, of course. All stock-market predictions need to be taken with a little salt. But there are reasons to suspect that the sudden plunges of the past few weeks may be unhappy omens of what's to come.


Like last week, with stocks lurching wildly with the headlines -- up by triple digits one day, down the next. For the month, the Dow Jones Industrial Average dropped 7.9% and is negative for the year. The Nasdaq Composite and the Standard & Poor's 500-stock index also are in the red for the year.

Some pretty smart people are cautious. Seth Klarman at Baupost Group is worried. John Hussman of the Hussman Funds says all sorts of warning lights have lit up across his screen. Even Ron Muhlenkamp of the Muhlenkamp Fund, who usually takes a sunnier view of things, says he has moved a big chunk of his mutual fund into cash in case there's a plunge.

How far will it go? Mr. Hussman says the technical indicators have only been this bad 19 times before in the last half century -- and on average the market plunged about 20% over the following 12 months. When markets were also high, like now, the picture's even worse.

Ugh.

Too many people have simply assumed that the last 14 months have been the start of the next boom. But it may have been a typical "bear-market rally" doomed to fall flat on its face.

That's what stock-market historian Russell Napier says. He thinks we're in a giant, generational slide that began in 2000 and has several years still to run.

We forget that the stock market moves in long, decadal swings. Slumps like those in the 1930s or the 1970s, or in Japan after 1990, weren't simple, straight-down affairs. They were punctuated by huge "sucker" rallies that eventually faded away. But, over all, the market bounced along sideways, or down, for a decade or two.

Two Decades?
The slide that began in 1969 didn't end until 1982. The slump after 1929 didn't give way until the late 1940s. Japan's gloom is still with us.

In general, the bigger the bull-market boom, the bigger and nastier the bear market that follows. The bull market of the '80s and '90s was the biggest on record. So expect the bear that follows to be ugly and tenacious.

Mr. Napier has studied the big stock-market grizzlies of the past. Generally speaking, they took a long time to die, and didn't do so until shares got really, really cheap.

March 2009? Not even close.

He fears Wall Street could fall by half, or worse, over the next four years before this bear is finally slain. Very few are that apocalyptic. But plenty fear more choppy times to come.

As one respected fund manager told me not long ago, Wall Street had spent too many years overvalued, from 1994 through 2008, for last year to mark the end of the reckoning.

Either way, stock markets today simply look too high. Based on certain long-term measures -- such as comparing share prices to asset costs or normalized profits -- Wall Street could be as much as 50% overvalued.

And then there's the economic backdrop.

It's not just the headline news out of Europe that has gotten people spooked. The problems are deeper.

This recession wasn't a normal one, so the recovery probably won't be either.

This slump wasn't caused by the economy "overheating," but by overborrowing -- on a massive scale, and over many years. It took place here, and in many countries around Europe, too.

Debt Hangover
The debt levels are without precedent. The bailouts have transferred a lot of private-sector debt to the public sector. But that's just moving the problem around.

The debt leaves a terrible drag on the economy as people try to save. And it is putting some countries' financial stability in question.

Inflation may yet come in due course. But Van Hoisington, a veteran bond manager from Austin, Texas, recently warned that the more imminent danger might be deflation -- falling wages and falling prices.

This is what has hammered Japan all these years. It's what turned the Crash of 1929 into the Great Depression. Deflation makes debts bigger in real, purchasing-power terms.

Where does that leave the regular investor?

Take a hard look at what you own, and what sort of downturn you think you could handle.

Too many investors -- and too many financial advisers -- are still running with the bull-market playbook: Take on risk; stay fully invested; buy the dips; equities always outperform.

Maybe it will work again -- if we have another bull market.

Are you really willing to bet your stack on that happening now?

A lot of very risky assets have boomed in the past 14 months. Investors in things like high-yield bonds and small-cap stocks have had a great ride. But if you couldn't stomach another plunge, you may want to scale back.

On the other hand, one should never get too gloomy. As a wise fund manager once told me, "Just remember, the economic fundamentals always look terrible!" And right now some blue-chip stocks -- here and overseas -- offer reasonable values. They may offer a good trade-off between risk and reward in this environment.

Write to Brett Arends at brett.arends@wsj.com

touche... Hey, here's a pretty bearish article:

May's Big Selloff Could Be Just the Beginning
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By BRETT ARENDS

Are you ready for a lot more turmoil?

You had better be -- because there's a good chance that's what you're going to get.

Nobody knows for certain, of course. All stock-market predictions need to be taken with a little salt. But there are reasons to suspect that the sudden plunges of the past few weeks may be unhappy omens of what's to come.


Like last week, with stocks lurching wildly with the headlines -- up by triple digits one day, down the next. For the month, the Dow Jones Industrial Average dropped 7.9% and is negative for the year. The Nasdaq Composite and the Standard & Poor's 500-stock index also are in the red for the year.

Some pretty smart people are cautious. Seth Klarman at Baupost Group is worried. John Hussman of the Hussman Funds says all sorts of warning lights have lit up across his screen. Even Ron Muhlenkamp of the Muhlenkamp Fund, who usually takes a sunnier view of things, says he has moved a big chunk of his mutual fund into cash in case there's a plunge.

How far will it go? Mr. Hussman says the technical indicators have only been this bad 19 times before in the last half century -- and on average the market plunged about 20% over the following 12 months. When markets were also high, like now, the picture's even worse.

Ugh.

Too many people have simply assumed that the last 14 months have been the start of the next boom. But it may have been a typical "bear-market rally" doomed to fall flat on its face.

That's what stock-market historian Russell Napier says. He thinks we're in a giant, generational slide that began in 2000 and has several years still to run.

We forget that the stock market moves in long, decadal swings. Slumps like those in the 1930s or the 1970s, or in Japan after 1990, weren't simple, straight-down affairs. They were punctuated by huge "sucker" rallies that eventually faded away. But, over all, the market bounced along sideways, or down, for a decade or two.

Two Decades?
The slide that began in 1969 didn't end until 1982. The slump after 1929 didn't give way until the late 1940s. Japan's gloom is still with us.


Lisa Haney
In general, the bigger the bull-market boom, the bigger and nastier the bear market that follows. The bull market of the '80s and '90s was the biggest on record. So expect the bear that follows to be ugly and tenacious.

Mr. Napier has studied the big stock-market grizzlies of the past. Generally speaking, they took a long time to die, and didn't do so until shares got really, really cheap.

March 2009? Not even close.

He fears Wall Street could fall by half, or worse, over the next four years before this bear is finally slain. Very few are that apocalyptic. But plenty fear more choppy times to come.

As one respected fund manager told me not long ago, Wall Street had spent too many years overvalued, from 1994 through 2008, for last year to mark the end of the reckoning.

Either way, stock markets today simply look too high. Based on certain long-term measures -- such as comparing share prices to asset costs or normalized profits -- Wall Street could be as much as 50% overvalued.

And then there's the economic backdrop.

It's not just the headline news out of Europe that has gotten people spooked. The problems are deeper.

This recession wasn't a normal one, so the recovery probably won't be either.

This slump wasn't caused by the economy "overheating," but by overborrowing -- on a massive scale, and over many years. It took place here, and in many countries around Europe, too.

Debt Hangover
The debt levels are without precedent. The bailouts have transferred a lot of private-sector debt to the public sector. But that's just moving the problem around.

The debt leaves a terrible drag on the economy as people try to save. And it is putting some countries' financial stability in question.

Inflation may yet come in due course. But Van Hoisington, a veteran bond manager from Austin, Texas, recently warned that the more imminent danger might be deflation -- falling wages and falling prices.

This is what has hammered Japan all these years. It's what turned the Crash of 1929 into the Great Depression. Deflation makes debts bigger in real, purchasing-power terms.

Where does that leave the regular investor?

Take a hard look at what you own, and what sort of downturn you think you could handle.

Too many investors -- and too many financial advisers -- are still running with the bull-market playbook: Take on risk; stay fully invested; buy the dips; equities always outperform.

Maybe it will work again -- if we have another bull market.

Are you really willing to bet your stack on that happening now?

A lot of very risky assets have boomed in the past 14 months. Investors in things like high-yield bonds and small-cap stocks have had a great ride. But if you couldn't stomach another plunge, you may want to scale back.

On the other hand, one should never get too gloomy. As a wise fund manager once told me, "Just remember, the economic fundamentals always look terrible!" And right now some blue-chip stocks -- here and overseas -- offer reasonable values. They may offer a good trade-off between risk and reward in this environment.

Write to Brett Arends at brett.arends@wsj.com

I think you can make more money off of going long BP or buying some call options here than you can shorting it. Personally though I'm a buyer of RIG. It's out of the media spotlight and their stock price has had the biggest drop due to the oil spill (I'm short from $88 out of sheer luck, looking to cover though)

RIG has been much more volatile:

http://stockcharts.com/h-sc/ui?s=rig
vs
http://stockcharts.com/h-sc/ui?s=bp

BP is still going to make money off of the price of oil going up and they yield a dividend, I'm a buyer under $40

CNEX ~ You got that right Van, looking for penny break this week

Any thoughts on why our accumulation distribution line has taken such a hit? I realize it is because of retail investors/trader selling out and not yet buying back in but could you shed some insight on your own personal feelings about this downtrend? Yes the MM's are making shares out of thin air, but would you agree that sometimes your FLD are the few pennies that actually do move with the market? I feel as though your FLD's attract alot of experienced as well as inexperienced players. Some of the more inexperienced may panic and sell out when they buy in high and the stock can't recover? Along with their big board portfolio's that are suffering it could be a perfect storm. Perhaps you have experienced big board players who see the dip in overall markets coming, and look to some of their profitable pennies to raise cash to take advantage of more household names? I'm averaged in here @ .081... down from .109 and plan on getting my average under .08 this week. I feel that now is the time to buying and lowering your average rather than cutting your losses but the accumulation/distribution line says I've been in the minority since the first week of March... thoughts?

Here's a big YIPPY to my fellow shareholders. May you all have a relaxing memorial day holiday.

I remember having that one at these prices, not going to make the same mistake again

PS: never ever ever ever sell all your Kat....I promise you will really really really really regret it

I can testify to that

Ontario’s Northwest Mining Service Centre
The Ministry of Northern Development & Mines has identified that there are over 60 mineral exploration firms surrounding Dryden in the Kenora District. Dryden’s central location in the region enables us to provide mineral exploration firms with the service and products required to perform exploration activities.

http://exploredryden.ca/explorationandminingc135.php

Yes those are apart of the 360,000,000 RESTRICTED shares

Restricted Preferred Shares: 300,000,000

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32207

marked

Having my board linked into my signature does not constitute spamming. However, had you been there or on my email list you would have been privy to my advice to sell SNRS @ .0005 and buy OOAG @ .003 (ran all the way to .059)... not bad for a weeks worth of work, lol

Redstick, nice to see you here... no hurry up and get you some on this dip!

CNEX is fixing to blowwwwwwwwww

CNEX is fixing to blowwwwwwwwww

Is there any particular update we are looking for?

I agree, I think anything under .007 will be very very green this time next week.

That's impossible because this is a scam. Good try though

I think that will be tough, I'm looking for at least 50 million which will put us right in line with yesterday in terms of $$ figures. I have $60,000 ready to come into this between a small group of strong handed investors, just making sure I get them the best entry possible.

They also like to talk about the growing solar market in Germany in their press releases I noticed... maybe the german government is going to buy them out and subsidize them

What do you mean... I thought it was a positive that they pumped this pos endlessly so the company could raise hundreds of thousand of $$ at the shareholders expense... the pumpers deserve a medal!

This thing will be nowhere near yesterdays close... the weak volume? What stock are you watching trade? CNEX has done 1/3 of it's total volume yesterday and we're not even 2 hours into the trading day. You'll be lucky to get anything under .0065 IMHO

Is this a conflict of interest?

Do those other newsletters get paid?