agm, page-3

Hi Jrowl,
I'm certainly no chartist but I appreciate their skills. I do like to draw a few lines and had noticed what you mentioned. Had been hoping for a little bounce around about Tuesday so no idea what today's low means.

It looked to me like we were taking off about 12 months ago as the SP appeared then to be conclusively breaking above a downtrend line that went all the way back to 'the great crash of Jan. 07'. But alas, down we went, all the way to .081 cents.

When I look at a 4 year chart now I'm sure I can see one of those pitch fork thingys the chartists talk about. And so that run up was the third tyne. Do they have four? If so we are very close to it now. Will know by January-ish perhaps?

Many people would say that charts can't predict future price movements and I tend to agree. But they do clearly show, amongst other things, where the SP has been and what a particular companie's SP is capable of when it does move. As an example, over the period mentioned above when UML's SP moves up it can easily do it by 3 or 4 cents in a day. Therefore when it does go for a run again this is what I'm expecting.

DISCLAIMER: Obviously we have the potential to go for a 'run' in the wrong direction as well so DYOR!!

Cheers, Audacious.
(Memo to self- stop spending so much time on charts forum LOL)