MRB Is Breaking Out

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March 2, 2006

MRB went back on a buy on 2-24 and is confirming the breakout today. I repurchased MRB today at 3.18.

From now on with these small movers I’m going to turn only to the weekly chart for signals. These little stocks that have powerful fundamentals typically make really big moves like 4-5 baggers. Since MRB is putting in a new longer term daily buy today and the weekly has turned back up there is plenty of room.

The mining sector (non-precious metals) is still hot. A favorite silver momo play is SLW and that has made a nice move since I saw at back in the 5s. SLW moves with the rising interest in Silver.