Wednesday, February 23, 2011

CALVF - Will History Repeat Itself?

Two times in the history of Caledonia Mining, the common stock has shot up to extreme levels in a short amount of time.  Both times this happened the common stock of CALVF rose hundreds of percent higher in only a matter of months.  In reviewing the long term chart of Caledonia Mining, I noticed something that may be of great importance.  You have to see this on the chart to understand what I am saying but here it is.   The only times the Slow Stochastic indicator has EVER risen above the 80 level on the long term monthly chart were right before the blast off and at the time of the huge gains.  Well guess what?  It has just happened again.  If history repeats itself, we are just about to the blast off point once again.  Really.  You must look at this chart and then judge it for yourself.  PLEASE LEAVE A COMMENT BELOW AND LET ME KNOW WHAT YOU THINK!