Chart has short term potential, page-13

This picture certainly encapsulates a lot of what Susanmb has been saying over the past few months. I'm not saying that she is on this cycle, quite the contrary, just that she has been saying that these are the stages of the cycle we are in. It certainly meshes well with the Elliot wave theory that I believe she is a follower of. Whilst the cycle depicted here often holds true, it also happens that companies do indeed just fall over after capitulation. So the statement about believing in the stock, is really a matter of being confident in the valuation of a company, bearing in mind all the extraneous forces that may come to bear, as tech. analysis can only take you so far. I guess the folks at Black Crane had a fair degree of confidence in their appraisal of the co. and it's prospects. To be honest when I think about it in this light, it's looks more and more likely that MRM will survive and so long as the next stage of the cycle kicks in soon enough they will be fine. It's just all the other noise re: broader market trends, banking/debt issues, the situation in the middle east, the flood of asylum seekers in to Europe, Russia in the Ukraine, China in the South China Sea, which i guess this stuff is always going on, its quite difficult to have that belief. Still I go to work everyday, like most others, driving my car. My aircon is running on power generated mostly by coal and gas. So I guess perhaps now is not too bad a time to buy. If the bottom has passed, am not kicking myself for not getting in earlier. Company had a good record for dividend payouts, just hope they cut them hard and fast enough, but also that they will bring them back to similar levels with respect to performance going forward. If it breaks 35c soon I'm jumping back on board. toot toot