Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

First Nickel Inc. FNKLF

"First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America."


GREY:FNKLF - Post by User

Bullboard Posts
Comment by nickeltraderon Aug 31, 2009 4:20am
308 Views
Post# 16263197

RE: Extremely bullish trend

RE: Extremely bullish trend

You said:
"The resistance line that forms the big symmetrical triangle is invalid..."

Based on what evidence? Looks pretty compelling to me. Regardless, it will be shown to be correct or false in the very near future as we approach the apex.

You said:
" one must consider the unexpected human emotion factor and the money driven factor that can make all technical analysis meaningless"

If you don't have a defined set of rules from which you are basing your decisions, then you are not trading. You're gambling. Quoting things like 'sentiment' and 'rising river' are meaningless. Every up cycle has losers. A mine that is not even open for operations does not benifet from sentiment.

I'm not putting a lid on share price, I'm making an educated guess based on facts in evidence. Without some expectation of return, one cannot rationaly calculate a position size. Making up price expectations based on intangibles will certainly lead to ruin in the long run. There may be a home run or two along the way, but the end result will always be the same - ruin.

Bullboard Posts