We talked about the 20c gap even when AIM was into the high 30's...

We talked about the 20c gap even when AIM was into the high 30's price range - it seemed impossible to contemplate that the technical gap here would ever get filled when the fundamentals seemed so strong and the price was so far off it - well here we are, and like a magnet, the gap keeps sucking the price in closer and closer to it - I'm expecting it to get filled and a base around this level to finally start evolving - if it doesn't hold , I hate to say it but there is another gap down at 16.5c !! This second level would put the AIM bullish picture in grave Jeopardy but again we are not there yet so lets just leave this scenario be for now - AIM is starting to come into line with my thinking on the zinc weekly chart I posted last week ie. a nice retrace back up might be imminent, but tops might also be in place for the medium term ? The other thing I'm personally worried about is what looks to be a potentially major topping process going on with the XJO / DOW / SP500 ?? I'm starting to get some bearish signals coming into play anytime over the next 10 - 12 weeks. I hope I'm wrong , as the Wave counts are pointing to some major index tops starting to evolve, and the corrections off them are quite large ... hard to believe, very sizable corrections in fact.

Geez, what a pessimistic post hey !!!?? All I'm saying is keep a close eye on things . Short term I'm still looking for a retrace back up but I'll only be full on bullish again if/when 38c is breached. cheers ECN.

Disclosure: I'm now holding just under 50% of my original holding from 14 months ago and will continue to monitor.