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Re: tradersrule post# 84119

Saturday, 08/07/2010 7:28:58 PM

Saturday, August 07, 2010 7:28:58 PM

Post# of 233825
Honestly, I have no clue how to interpret "falling wedges," "descending triangles," "tea cups" or "squeeling monkeys."

And honestly I don't think (IMO) they amount to a hill of beans at this point. Suppost early next week KATG starts trading (additional shares and all) and Ken releases amazing assay results, announces we're continuing to drill more on Handcamp, we're starting to drill Rusty, have great results from Vale's exploration on Lucky, etc. Who would say, "well, I don't want to buy now, because according to the chart, this baby is going to 0.12"?

I mean, okay, charts can look at patterns, and I understand that, but they don't consider what's going on with the company.

That's just my opinion and I'm sure some will disagree, but I'm not here to argue the point, just stating my viewpoint. BTW, I do see how, all thing being equal (i.e. no news or major events) charts may be more accurate.

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