US Markets: Bull Market Over?

signs of top appeared, suggesting bears will dominate until the end of the year. Let’s see.

Atlas Mining – AT

Top line done. Breather needed for now until a new pattern emerges.

Southeast Asia Cement Holdings, Inc. – CMT

chart was not uploaded earlier, sorry.
CMT Daily

CMT Weekly

Silver to test $26 level?

4H chart of silver

2011 Absolute Traders-PSE STT Professional

The best of times

Darn voice i heard when i was little. Now i got dude & dudettes of my own and still watta voice. DDY rocks!

Lepanto Consolidate – LC

Double top is a threat.

If you’re marrying your stock

Filipino investors: Loss 16k pesos if this bull market aint over, but if the bears dominate, what then? Marrying your stock is your choice. Hedging is having an affair. The other stock.

Oriental Peninsula Resources Group, Inc. – ORE

I heard this over and over again. Shipment, loading, delayed, loading, rain, poor weather, delayed, loading, shipment, next month, nearing completion, shipment, more shipment, next month, next month, 1Q, 2Q. We’ve heard it on GEO, on NI, and for many months now on ORE. Very rarely do i check financial disclosures but curiosity made me. Pardon me if i missed something coz i see no mentioning of shipment or even an attempt or even a slight hint that the company indeed have plans of shipping something, even dirt, or pebbles or stones. There was simply none.

Click to access ORE_17Q_Mar2011.pdf

here’s ORE’s latest chart

Megaworld – MEG

Earlier a friend saw a nice MEG set up. So here it is Boss Jun. The kiss of 50MA weekly. Recent example was SMC when it kissed its 50ma weekly. low was 105.70, bounce play target is 7% to 10%. SMC 10% target was 105.70 x 1.10 = 116.20
For MEG, if low was 2.12 then target is 2.12 x (1.07 to 1.10) = 2.26 to 2.33.
If MEG will test RSI 50 and made a tail at around 2.06, then 2.06 is the base low. It’s 7% to 10% bounce play then is 2.20 to 2.26