KMA Global Solutions International (KMAG)

[museman]

Well Pilgrim, we are riding on the same trail, and I'm not getting out of the saddle anytime soon. I have plenty of KMAG which I got at much higher prices and I don't mind the wait, or the possibility of picking up more. You can see on this chart the fan formation which only shows that the rallys are getting smaller and the bottom is still defined by a long term support line. This implies that as the swings get smaller, the flippers make less money at greater risk. Bollinger illustrates this more simplistically on lowman's charts, but the inference is that we that we go up, down, or continue to drag along. Who needs a chart to figure that out! However, the Bollinger bands and the Weinstein long base channel both portend that in the end there is a probability that something dramatic will happen; ie: the coiled snake reference.
Beware the bear trap. We could have a staggering quick capitulation drop then a reversal. The converse of this has been happening with lower and lower bull trap upward spikes followed by drops.
Or if the "Bollies" widen out with an upward bias on the upper band we are looking to traverse the long base channel to the .006-.008 area and a long term buy signal upon breaking that resistance.
What all this means to me is that a buying opportunity is approaching either at higher prices or lower, but with the probability of lower risk than at present.