uranium sectors uptrend has now begun, page-10

To all the patient Uranium Bulls like westsurf & myself & others focused almost solely on the Yellow Gold, its been a very unpleasant 9 Months, so lets hope so.

I hope this extra Info assists :)


Double Bottom (Reversal)

The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.
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The most important reference, to focus on within the linked report http://www.financialsense.com/Market/barbera/2008/0408.html
are the Charts (Double Bottom) Reversal.

Here's the Chart I'm referring to as at 31st March 2008.



Above: Alternate Count on Uranium Stocks, Wave C low still not quite in place, but getting close...





Above: Wave C equals percentage decline of Wave A

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IMO : we are approximately 4 to 6 weeks from a Major uptrend, & a good chance it may well come earlier :) Lets hope so.

BIACOMVN its good to see you have both eyes wide open, well done for your UNX observations....UNX will turn out to be a fantastic hold given time, & patience. Also good to see AGS has rebounded strongly with some strong buyer support from this mornings low of .67
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.Cheers from grant64 :) My Favorites PDN ERA DYL BMN AGS EXT SNU WHE TOE BLR
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