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Message Boards Settings OMNI Energy Services Corp (OMNI) - Quote Info
Ray /O T / miners      7-Nov-09 05:46 pm    
We have the 3rd best rated miner in the World now (TRGD), so suggest you stick with it:

http://mineweb.com/mineweb/view/mineweb/...
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From IBD, here's some comments on GG, I watch it for big-cap miners:
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Companies:Goldcorp Inc.
For the past five sessions, gold-mining stocks have enjoyed a rush.

They rose, as a group, more than 10% last week, putting them in the spotlight.

Recently, we've discussed two of the stronger bases in the industry.

Now let's look at a flawed base.

Goldcorp (NYSE:GG - News) has shaped a double-bottom base with a middle peak that rose too much. It made a new intraday high within the pattern.

It might sound like being picky. But think about what the chart reflects in human terms.

The second leg down in a double-bottom base provides a shakeout. You want to get rid of the weak holders there -- so they're not acting as a brake as the stock tries to break out.

But a middle peak that is too high isn't proper. The price action in Goldcorp now shows some resistance around 43.

Does this mean the breakout will fail? Not necessarily. If the stampede toward gold stocks proves strong enough, it will overcome the usual considerations.

Goldcorp's base shows slightly more distribution than accumulation. The Accumulation/Distribution Rating is B-, but that's over a longer period than the base.

The base is forming near a prior cup with handle, making this a base-on-base formation.

C L


Sentiment : Strong Buy
Rating :
 (4 Ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

CL99CL


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  Subject Author Rating Time of Post (ET)  
 
Ray /O T / miners
CL99CL 7-Nov-09 05:46 pm  
 
Toy should stick to Hawking hot dogs C.L. When ...
iateonetook 7-Nov-09 06:42 pm  
 
larry, that was funny! peso
pesos_for_d... 7-Nov-09 10:37 pm  
 
Larry, I don't blame you for trying to expose...
dennis_lapd... 7-Nov-09 10:49 pm  
 
cl thnks for the info. cant get much time off now,...
raymond_j_j... (2 Ratings) 8-Nov-09 12:48 am  
 
Ray, We should be getting some gold sample an...
CL99CL (1 Rating) 8-Nov-09 11:24 am  
 
Once again, CL quotes "from a pal of min...
tcmom1941 8-Nov-09 01:58 pm  
 
No, MoM, _Larry conCLudes_ anyone i...
oopsiomni50... (2 Ratings) 8-Nov-09 06:56 pm  
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OMNI Energy Services Corp. (OMNI)

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At 12:47PM ET: 1.2701 Down 0.0799 (5.92%)
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