First, I want to thank all the posters for their contributions, I do appreciate your time.

Of anything, my first love is in sizing up chart conditions. Sometimes it's not that easy especially when prices drop and fall fast with expanding volume. Lately, Probe has been quietly ascending with rising bottoms and with lower highs since July when it hit 50 cents or so. The 50 cents area remains as a chart trouble area until it gets cleared.

I recently took a close look at Probe's two year chart and something distinctly popped out right in front of my eyes. Since August of 2008 until now the shares have been forming a saucer shaped bottom with a somewhat extended handle on it. The handle is a little extended which might be indicating extended advancing action arriving soon.

I remember reading Jim Sinclair the day he stated the most reliable chart formation is the cup and handle formation. I see this clearly on the Probe chart which I have linked for your review at the bottom. The skunks in the woods have been shorting it recently in the 35 to 37 cents area. There is a case of justification on their part for doing this as this same area is the location of the current 500 and 1000 day moving lines which do present a bearish tone if they are presented with conviction from the naked short element or other sellers who believe in them until they are bettered.

When this rare but reliable formation is resolved to the upside, the bears will most definitely have their work cut out for themselves as their gonads will be in an inescapable vice.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Aprb&sid=&o_symb=ca%3Aprb&freq=1&time=9