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midas716

08/29/06 10:33 PM

#2288 RE: midas716 #2255

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not much going on here, what an ugly day, down .015 at one point, the only good in the charts that makes me still believe a run might still be in the works is the A/D, M/F and stochs indicators, before the last big spike A/D took a slight turn down as it is doing now, M/F dropped off the edge of the world just like now and stochs bottomed about where it is now, could be grasping for straws here and the next couple days will tell the story on this one, why can't this stuff be as easy as picking needles out of hay stacks, actually they are pretty similar, both take alot of time, good luck

midas

midas716

09/03/06 9:42 AM

#2390 RE: midas716 #2255

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Pinksheet

2 charts and commentary. 6 month daily and 10 day intraday. Scroll past 6 month chart for 10 day intraday.

6 month daily

Although it's taken a dive down from when i started coverage and all patterns i was charting have failed i believe the bottom may be here at .05. Strong support here at .05 but if support fails next level is .025. I don't think that will happen and i will give you my reasons why.

Stochotics - Everytime stochs hit near bottom there is some movement up, not a big move, but at least up. We are near bottom now.

A/D - pps decline for 3 months while A/D continues it's movement up. Shares that are sold are being bought right back.

RSI - at 34.8 has only hit this level once in a year. That was followed by a small move up. At this level the stock is extremely undersold.

M/F - is trailing off again. That was followed by the big move up. All patterns i was charting failed so this can only be taken as an unreliable pattern.

6 month daily



10 day intraday

this chart shows a decent picture of a possible reversal in the works. techs are set up well for movement come tuesday.

PPS - has hit around .05 3 times in three days and has held each time.

M/F - has been strong throughout the week while pps has decreased.

A/D - has increased by 2 mil. shares during the downtrend for this period.

Volume - discrepency in daily chart volume. fridays daily volume shows 151,250 shares traded, but fridays intraday shows a spike at 3pm of 351,000 bringing pps back to .055 with another 420,000 traded after hours.

10 day intraday