RE: RE: RE: RE: Nice Chart!!Scout-- I follow your posts because I usually find them lucid and with useful information. However, I disagreed with your recent analysis because it's conventional chart analysis at a time when we are in uncharted waters. I too watch charts. I like the current 5-day chart and Friday's intra-day chart. It was just bad luck that what amounted to in my opinion, real blockbuster results reported in the last drilling releases hit a market that was gripped in an historic level of fear. It was a real market anomaly that comes around not that often. Now, to many people's surprise and to the relief of many investors it seems that Europe, under intense pressure from the U.S., China and the G20, has actually diffused the crisis. So where do we go from here? A chart of the TSX-V clearly shows a relentless decline from the Spring 2011 levels -- where GCU was above $4 -- and then a huge crater around the time this good news started to hit. Previously, I said I thought this unfortunate timing represented a coiled spring. Now that the fear is out of the market I also believe the rapid recovery of the SP in the last few days shows that people in Toronto and elsewhere with big pockets, who were largely sidelined with caution until Europe went one way or the other, have now begun to step back in with careful but aggressive. The question for longs now (and for what must be some very nervous shorts) is with this latest news and recent stellar reports from analysts who saw Springpole first-hand, is how much potential energy is stored in that spring and, if the markets continue to go back to a "risk on" mood, how much and how fast will that potential energy be converted to kinetic energy. Of course, this is all just my humble, opinion. Do your own DD. Pardon any typos. And much luck to the longs.