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Dory. I totally agree. The sp is well above the moving average...

  1. 8,373 Posts.
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    Dory.

    I totally agree.

    The sp is well above the moving average line.

    People start to spend their gains in their minds when we have a run up like we have just experienced. When the price takes a necessary breather (which is very healthy) they get all despondent and get out the "Do it Yourself Hara Kirri kit".

    If they learned to read the charts, even just the basics as I have, then they would likely avoid all this angst.

    I have a very basic knowledge of charting but it allows me to take a quick look to see if there really is a problem.
    IN THIS CASE THERE IS NOT!

    I believe that Itsa is correct in his price predictions and possibly even Sam at $18.
    It will take some time to achieve these prices but none of us know what is coming down the pike.

    In the mean time $1 would be heaven for me.

    Lockitt
 
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