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Noront Resources > Message
High and low pivots 2

So where do we go now

Posted by: coswil on July 17, 2008 04:19PM

Don't be suprised if we trade down either tomorrow or Monday. It takes tremendous buying pressure to keep a rally going for more than five days. Uptrends are identified as higher highs and high lows .THAT IS A LOT OF BUYING PRESSURE so expect some profit taking and pullback Even back to 20 MA on day chart. This is just natural flow of trading nothing tom worry about. NEWS will change all of this though. It was a nice day. Hey we hit my target afrom a cupple days ago 3.40 even 3.45 If price declines below the low of today's price, expect it to play out as I have said. If we continue to rally again this will be the 6 th day tomorrow and a viciuos snap back could come down the pipe...coswil

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Paul Parisotto & Joseph Hamilton
Interim co-CEO's
October 31, 2008

Mr. Parisotto and Mr. Hamilton address the Noront investment community.

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