Ann: Nova drilling update , page-45

Charts definitely have their use but there is no science to them. Insiders may sell for many reasons but they only buy for one reason. Smart money is inside money, albeit with varying amounts of inside info.

If there is heavy selling then you should sell without hesitation but you won't know why until later, maybe much later. If there is heavy buying then you should buy and you will probably know why pretty soon.

IMO charts are lie detectors (in that silence is a lie when the board fails to tell you vital news).

Bad news has to be dragged out of the board in dribs and drabs. Good news gets out immediately (or as soon as the board has bought up).

Obviously I am a skeptic. I would have bought SRI if I had the money at the time. I hope to buy in soon. I wanted to buy at 40c, for no reason at all except that the chart looked like a Saturn V. Then at $1.00 I knew why I wanted to buy. At $2.00 I said I will be watching this go all the way to $4.00.

Fingers crossed I can get in at $2.50.