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Aurcana Corporation Message Board

  • surfrod9 surfrod9 Jun 5, 2012 3:48 PM Flag

    Gap up in silver tomorrow?

    Charts are hinting at this possibility. Closing near it's daily high today might be the springboard for this to happen tomorrow. London will be back trading, EU sits down and maybe traders will take them more seriously this time. Maybe. Aunff went higher than I thought it would today, I was looking for .975 at most, and on double the average volume (cool!). The stock still needs to break the roller coaster trading that's been happening since it's high of 1.15..IF..the metals continue upward here, I don't see why not. Shafter is now producing, and will be pulling out more and more as we go now. That's a change from just having La Negra's. Believe me, I'm not being pessimistic here. Also, beyond the 1.00 level, trading changes naturally. Becomes more liquid, fluent, and the spread closer with increased volume. Harder for short hedgers to manipulate. They will tend to stay long longer, go with the flow, and not disrupt the chart formations as much..thou in today's world nothing is sacred, they'd sell their sister if they thought they could get a few points, right? Note I said "as much" lol GL JMO

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0.4587+0.0311(+7.27%)Aug 25 12:57 PMEDT