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Advancing substantial silver and polymetal properties in Mexico
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AGORACOM News Flash

AGORACOM Maintenance Alert: Going Offline Tonight, and Friday night for about an hour

Dear Members.

AGORACOM will be updating our server framework tonight and tomorrow night. As a result our discussion forums will be down for 1 hour or less.

These problems stemmed from our recent switch to a new web host and some issues with our DNS records (the settings that tell your web browser where our website is located). We believe we have squashed these bugs and are looking forward to pushing these updates through.

In anticipation of this scheduled maintenance we suggest the following:

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We trust the above to be satisfactory as we strive to continually provide you with a great AGORACOM experience.

Thanks,
George and the AGORACOM Team

Message: IT'S BEEN A STOMACH-CHURNING 2008

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Should bottom out soon

posted on Jul 31, 08 03:18AM

I know it's a bit ludicrous sometimes to do technical analysis on a pennystock, but I've found that with junior miners, you can often see the spikes coming when watching the indicators.

I am not a holder of AGQ but it's certainly on my watchlist. Not limited by any fundamental knowledge of this company, I try to trade the charts. The only thing I watch out for is geopolitical risk and 'some' financial stability.

It seems to me that with precious metals season coming up (aug/sep is usually the start of the precious metals season), a good entry for me is coming closer every day. MACD seems to have bottomed and any close above 20c will probably lead to a bullish cross. RSI has broken out in the weekly chart, which is a very good sign, but there was resistance around the EMA15, currently crossing at 0.225. The level that needs to be watched now is 0.145. If that level is broken, the picture becomes bearish.

Also note that upward volume was much higher than downward volume, showing that the long lasting bearish period is coming to an end. So hang in there, guys.

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