Hi
I did not say it is not bullish. The weekly chart indicators has to bottom out,or atleast turn up again before we see some action.But you are right, longer term it looks bullih.The weekly chart has to consolidate before a meaningsfull move will start.That is how I see it, but I have been wrong many times before.

Hi
Just looked at the weekly chart. It is somewhat overbought right now. In other words, the weekly chart is now bucking the good looking daily chart.Maybe management understand this, and holding off with PR until the two charts align themselves again. Just a thought.The stockscores does not look to bad, now 67-64.The first number is telling how good the technical picture is. Stockscore wants it to be 80 or higher for good action. The 2nd number is the sentiment score. Here Stockscores wants it to break above 60 for good action.Sentiment is, that the market is getting exited about this stock. To me, that number is more important then the technical number. In my days, I have seen good charts, but if the market is not exited about it, the stock will just stay low. Good luck to all.

We went up almost 400% from the bottom. We are still above the 10 day ma at 0.0027. We are still overbought.The volume is low on this consolidation.A little bit more time and the price will catch up to the 10 day ma.Then it should move again, I hope.Good luck to all.

Stockchart was one hour late to get on line, however the time is still showing one hour behind.

Sharpchart are also sleeping in.

Hi All
Sitting on this one for a while. Agree all the charts look good.Lately I have been looking at Stockscore.com. I found after more than 30 years of charting, that regular charts only tell you so much. That is, we really do not know if the public is getting exited about a stock. Stockscores takes care of that part, and SEVI really looks good there.You can sign up for the free version, you do not get all the bells, but they have a lot of free stuff you can do there.The key is to read how stockscore works. I use the 3 months chart, and the key here is to use the 10day RSI. together with the sentiment and signal lines.Just draw an upper trendline on the RSI line,and when it breaks to the upside, it is time to look.Takes a little practice,but well worth it. Good luck to all and hope we all make some money on this one.
Regards
Runar

Hi Big D
Still out,tied up in other stuff at the moment, but looking to reenter.I see some people wonder why we are not moving up today. Here is what I see.The 60 min.chart topped out this morning, close to resistance.Just normal stuff.Just a few more trading hours, and I think that is the blastoff.It will be in an almost perfect position, sitting on top of the downtrendline, on top of the 200 ma,now out of the perfect channel between the top and bottom parallell trendlines.For a TA junkie like me,this is heaven.For those that have stockchart, fill the chart and look at the 60 min one.

Looking at the 60 min. chart, it is just another normal day at the MM office.

Thanks captnCrunch

Thanks Devil

Hi light
I agree with you. The tone of the chart has changed.You are right about the middle Bollinger band.The volume will come.Now I got a question for you guys. I am running explorer 7, but I cannot find the refresh button.Any help is welcome.

Hi Ron
Nice post. I believe they work it like this.After three or four day run up, they pick a logical point to reverse.Being some kind of technical point. There they will short into demand, as long as it takes. When traders see this, they start to dump.Now the skid is set up, and the stock will fall on it.s own weight. Usually the down turn last 3-4 days.This is the type of pattern we have seen in the last few months. They are in complete control.But when things fall into place and more volume, I do not think it is as easy to manipulate.In stead of drifting down the price will slowly move up.But even under those conditions they can still control the day to day movement.

Hi rattling
You are right. However, news will throw a monkey wrench into any stockprice.Glad that somebody finally agree with me on the MM operations on the penny stocks.Last friday morning was a good lesson in the MM runup and walkdown.It is also my take, that the MM loves the shortside.Stocks go down faster than going up.In fact, I do not think they like rapidly advancing stocks,because they do not make as much money.

Hi Briboy.
Nobody has mentioned it, but playing pennystocks on the BB, you have to learn how the MM operates.They run the show,and could care less about good fundamentals.It is all about the MM
inventory problem.When I got caught up about all the gunghoo and the good fundamentals about XKEM, I lost money.I should have known better, it was all in the chart all along.I have been in about 8 stocks in the past, all sounded just like XKEM, in the past six months.They had all one thing in common with XKEM, they had one big runup. Then the MM took them all subpenny.When we broke the 0.019 level, I thought for sure they were going subpenny and sold. I was wrong and I still believe that we have something here, but as light always says, we need more volume.Sooner or later, the good fundamentals will take over and the stock will move up. Good luck to all.

Hi Big D.
I do not see light around today, so here is my take on the chart.First , since the low at 0.0165 the tone of the chart has improved. More white candles.You are right, an inverted head and shoulder has been completed. It is what the TA guys calls a "slanted shoulder",where the right shoulder is lower than the left, but still a good pattern.The TA people will be looking for a break above the neckline, the line that connects the top of the formation.I would say a break above 0.23 would be very positive. But then we have the 200 ma at 0.024.Once we break that line good, and then come back down to test it, I will get back in. I took a 3K loss, but I think I will get it back later.Now I wish all you good guys a merry Christmas and a profitable 2007.
Regards
Runar

Hi Ken
I wish You and all the nice guys on this board a merry christmas and a profitable 2007.
Regards
Runar

Hi.
Nobody but the MM control the trading at these low levels of volume.
I think I might have sold at the wrong time, but will be looking for a reentry again.It was just a matter of not being comfortable.Good luck to all.

Hi drifter
I sold my position the other day.3 months of steady downdrift was enough for me.I rode my account to zero a couple of yeras ago,so right or wrong I am out.I have no doubt that this will one day be a good stock, and I wish all of you good luck.As Arnold says"I will be back".

Hi pfrenz
Nobody needs you here.Take your garbage somewhere else.

8659 for our man.

8267 for our leader

Hi drifter
A very good day , I think. I would call this informed speculation by big money.In the market nobody really knows what is going on, but a papertrail that shows what money is doing, not what everybody are saying on a board like this, is the chart.Now we have a tripple bottom, with high volume. Most indicators are stronger on this 3rd bottom than on the other two.This is the first time in this long bottoming process, that my 5-15-10 MACD HIST. has not gone negative as of now.As light has pointed out several times, the CMF is now solid on the plus side.Hope we end up the day with a very long tail on the candle.I have my own indicator, called the Waterbucket indicator. This is how it works. Fill a bucket full of water, bring it shoulder high and turn it up side down.Now the bucket is emty. I think this is what happened today in XKEM.We needed a flush like this to get going.

Hi
This is OT.
While we are waiting for a pr, here is an interesting play down in Newfoundland. It is a reentry. The play has been dead for over five years, but a new good player has now joined in.
CQV.V now owns 40%, had to give up the other 60% to a private company from Dublin PDIP.I am very impressed with PDIP. They are really doing their homework on this one. Today, as you can see on the pictures from the PDIP website, Precision rig #59 arrived at the site.There is all kind of info on both websites.
WWW.PDIP.NET
http://www.canadianimperial.com/

Hi Ken
Here is a post about one of the stocks you had on your TSE Venture list the other day.The stock bottomed out today,, so I bought 30 K.It is very good fundamentally and the guy behind it is the famous old scotsman Robert Lamond, who has been running companies in Calgary for many years.
Runar

http://www.stockhouse.ca/bullboards/viewmessage.asp?stat_num=13668931&all=0&t=0&archived...

Hi
It happened to fast.To me , it is just a MM inventory problem.
They run out of shares and pulled the rug.To understand the wheelings and dealings on the BB, one has to think as a MM.No flipper problem here.We now have 11 MM at 0.02 and above. This morning we only had 9.

Hi Ken and all you other guys on this board.
I wish you a happy thanksgiving.I am bored stiff today, when you guys south of the border takes a day off.Not much going on in our markets today. I am still stuck in XKEM, but she looks a little better now.
Regards
Runar

HI light.
Who is filling the orders now at 0.0209?

Hi light.
Thanks for explaining that.

Hi
Here is more about S8 filings.
http://www.investorshub.com/boards/board.asp?board_id=1605

Hi Lochute. I think light is the better guy to answer your question. But I think it has to do with management getting big blocks of company stocks, and the turn around and sell.Also, when a vendor is paid in stock rather than money, and the turn around and sell.This is one type of business that FANC is involved in.

Hi light
Agree with you. However FANC is bad news.He is selling for somebody. Usually S8 stuff. Hope he will be gone soon.

Hi Big D.
You do not want to see FANC on the sell side.Somebody is using
FANC to sell.That is the business they are in, distrubiting big blocks.I hope they will be gone soon.

Hi portlander
Very good post. I am in XKEM now, but just down a little. I got caught in JRVR a couple of years ago and lost about 14K.
I remember some guys on the board went to the annual meeting in New Yersey and came back reorting" These guys are for real". and later they turned out to be crooks.I know I should have known better after trading over 30 years.If it is only one thing I could add to your excellent post is.When trading on the BB,shorter term, forget all you hear about fundamentals.The chart will tell you when to leave. I was not in SLJB, but a look at the chart without knowing anything about the company told me, it was time to exit.For what I have seen so far, I like this board. Good luck to all.

Hi light
I wish you guys south of the border a Happy Thanksgiving.

Hi
Looked at the daily chart.Pricewise, I think the bottom is in,
it is just the W%R has to bottom and turn up as well as the sto. indicator. This double bottom always seems to produce breakout patterns.It looks like the stock is just waiting for a trigger, to take off.But the 0.024 to 0.026 is going to be tough.The 200 ma has not gone anywhere, the downsloping upper trendline is stll there, plus a neckline trendline connecting the bottoms from around aug.26 at 0.0202. This neckline stopped us last week at 0.0249.The reason it is called a neckline, is because you can see a very nice head and shoulder pattern, with the head at 0.0356 at around Sept.25. The right shoulder was forned around Oct 17-18, at 0.0345.This neckline is connecting all the bottoms.
The only one important indicator not in place is the Aroon, but a couple of more trading days might fix it.To be perfect , the Aroon green should be at the bottom and the Aroon red at the top.Then as the move forms, the green line should move up and cross the red line coming down.That pattern is almost a must for a good move. Good luck and good night.

Vote # 1563

Hi Big D
It looks like this double bottom is strenghening.We now have the highest number of MM at0,02 and above, now seven. We were as low as three this morning.The ask side is also firming up.

Hi nerd
I am sure people will buy if we get some pr.Now to the current daily chart. The second bottom is just in progress, so far so good.Need to get into oversold condition here,but a day or two and we will know where we are heading.Last friday we had good volume in the morning, but lack of follow through is a little disappointing, volume that is.However, a double bottom spaced close apart is always a plus.

Hi Big D
Below is a link to XKEM chart, by I guy who does TA.Scan to the bottom, XKEM is the last chart on the page.Has to agree what he says.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1235942&cmd=show[s89889152]&disp...

Hi Impact
No predictions here,but looking at the daily chart, there are a few things that makes me feel a little better.First I would like to get into oversold situation, because we will not move up unless we do.What I see is a double bottom forming, only a few days apart.That is good.I can see some divergences in the indicators, whis is bullish.First the ADX, the green D+ line is at 19.01 very close to 20 which alot of traders want.The MACD 5.15.10,Hist. is looking good.It never broke down below the zeroline today, even when we were close to the
0.02level.The CMF is positive.The 5 day RSI is diverging too.
The ultimate osc. is looking good.I am looking for straws here.It is going to take a lot to break the0.025 level.Volume that is. Hope we get it.