JNR Resources Inc JNRRF

RE: Junior Uranium Index

[st0ckpicker]

I like your analysis and would very much like to see it bear out. I focus on shorter terms mostly but looking at that picture really shows the trend in a different light. I assume that the reason that you feel the two blue circled areas are the same is due to the parabolic nature of the rises that preceeded them. This makes sense to me and would roughly equate to the stocks entering a second stage bull with the latest public recomendations. If the patterns play out the same way that would mean we are very close to a bottom (if not hitting it a close on Friday) and are ready for the second wave of the second phase bull. I truly don't think JNR will survive for a third wave but would like to think that the second wave will bring valuations that will make the terms of a takeover more agreeable (Rick can get what he knows this is worth at this point and Lucas can do the share swap without panicing the markets with the buy out size). Thanks for sharing your view, it is good to see things in different timeframes and using different methodologies.