Earth Life Sciences Inc. (CLTS)

[Hilander]

Lifecycle of a Stock:

PHASE 1: THE ACCUMULATION OR BASING PHASE:
The basing phase occurs either in the early life of a new company, as it "gets its act together" or after a period of prolonged decline in the stock price of an established company as the company reorganizes and retrenches following a period of adverse business conditions. This phase normally can last anything from a few months to a year or two and may last many years. Although the stock price may be relatively static throughout the basing phase, the technical condition of the stock is steadily changing until, at the end of the basing phase the stock is largely held by owners who have no intention of selling until they realize a substantial profit. Frequently, a well-defined resistance level develops at the top of the base area, so it is usually clear when a breakout from the base area to enter Phase 2 has occurred.

From:
4 Phase Lifecycle of a Stock
May 7, 2006
Clive Maund
http://www.321gold.com/editorials/maund/maund050806.html

It's our job to figure out when the basing phase is over. Is it over yet?

OK, Are you in?

or

Are you out?

Am'still Long & Holding Strong!



ROLL'EM