/biz/ - Business & Finance

>>51078912
Even my girlfriend who has no training in stocks other than listening to me rant for eight hours a day is calling a correction on this one.

You guys can be retarded and deny reality all you want. Stocks WILL pullback once they get stretched about 75% over the 200 day moving average. We've seen it with uranium. Emerita. CGX. Countless examples.

You're ignoring the Lassonde Curve. You're ignoring basic investing strategy. You're ignoring chart technicals. You are ignoring past examples of this exact scenario playing out.

Yeah I'm sure the mine in the middle of fucking nowhere is going to keep delivering value once the assays are out. This is where you should be taking profits, not buying in. It's 5-10 years for it to become a mine. Period. I'm not saying to cash out but for fucks sake take some profits off the table. Especially if you're sitting on a 1000% return. Wtf.

I AM CALLING IT NOW ON SNOWLINE GOLD. We are now over the Bollinger band and riding it. This price action only lasts for five to seven days 95% of the time. I am OFFICIALLY calling that within the next five to seven days Snowline gold will correct by 30%. My target for first correction is about $2.35 (the 18 day average), and then further correction targets are about $1.48 and then $1.00 respectively. (Lower Bollinger band and then 200 day MA)

If this happens you must from here on after proclaim me as the greatest chartist on all of biz. You will defend me against my enemies and give me your women for one night a month. You will also attack David Hunters credibility at every opportunity and call him a moron/boomer/hack. You will verbally assault people who supportively post David hunters tweets.