THE PIGS TUESDAY NIGHT CHOICE CHOPPERS

GREETINGS HUMANS, BUSY DAY HERE ON THE FARM AND THE PIG IS A LITTLE UNDER THE WEATHER. OKAY HE'S A LOT UNDER THE WEATHER, BUT SINCE HE LOVES TO WRITE THE BLOG HE'S UP AND DOING IT. AN UPDATE AS TO LAST NIGHTS GUL.V/MNL.V STORY. BIG VOLUME ON MNL TODAY AND UP A PENNY. NOT MUCH FOR VOLUME ON THE GUL BUT THE PIG SAYS ITS COMING ? WHY YOU ASK ? WELL....THE PIG DID SOME WORK. 

HE THINKS HE'S FOUND THE CLUE THAT THESE TWO COMPANIES WILL BE DRILLING A PROSPECT "TOGETHER".  IF YOU GO TO TRADING RECORDS OF THE TWO COMPANIES, IN JANUARY AND LOOK AT THE 3 MILLION IN VOLUME THAT BOTH COMPANIES DID EACH AND SEVERAL DAYS APART. YOU THEN PULL THE CHARTS AND RE-REVIEW THE SCANS FROM THOSE NIGHTS BEFORE AND AFTER..YOU KNOW SOMETHINGS UP. THE PIG FIGURES IF EVERYTHING COMES TOGETHER THAT A CHANCE FOR A TRIPLE IS THERE.....AND WHO KNOWS MAYBE A TAD MORE....

ON WITH THE SHOW... 

PBT.V...ONE OF TWO HIGH SCORERS ON THE NIGHT. DECENT ALL THE WAY AROUND AND OFF THE CHARTS ON MOMENTUM AND MOVING AVERAGE VECTORS AND ACCUMULATION DISTRIBUTION. THE PIG KNOWS LITTLE OF THE STORY, JUST THAT THE NUMBERS TELL A TALE.........AND ITS A GOOD ONE !

LMR.V....THE OTHER CHOICE CHOP SCANNER OF THE
NIGHT. AGAIN THE PIG DOES NOT KNOW THE STORY IF THERE IS ONE. BUT THE NUMBERS CAME THROUGH VERY STRONG. HUGE ACCUMULATION, AND MOMENTUM VECTORS. SEEMS LIKE A DECENT FLOAT TO IT, MANAGEMENT AND SITUATION BUT THE PIG RELIES ON THE NUMBERS AND THEY SEEM TO TELL HIM A STORY IS DEVELOPING.

THE PIGS HONORABLE MENTION......

TYE.V... A PREVIOUS PIG PICK THAT APPEARS READY TO MOVE AGAIN. BE VIGILANT !IT MAY MAKE A SUDDEN BREAK. BE ON THE TRAIN FOR ROUND TWO.

Trading day: TSX extends its winning streak to five sessions

By Gregory Thomas, Vancouver SunFebruary 16, 2010 7:02 PM

Canadian stock markets climbed for a fifth straight session Tuesday after European finance ministers gave the government of Greece 30 days to get its budget deficit under control and industrial activity in North America continued to improve. The European currency rallied against the U.S. dollar, lifting commodity prices and boosting the Canadian dollar.
The S&P/TSX Composite index jumped 116.56 points, or one per cent, to 11,586.37, while the S&P/TSX Venture composite added 21.39, or 1.4 per cent, to 1,520.14, with the energy and mining sectors advancing nearly two per cent.
Statistics Canada reported that factory sales rose 1.6 per cent in December to $43 billion, the most in a year, while inventories dropped and unfilled orders grew. The New York Federal Reserve bank said its benchmarks of factory orders and factory sales both reached their highest levels in over four years.
The April gold contract gained $29.80, or 2.7 per cent, to $1,119.80 US an ounce, while March silver rose 70.1 cents, or 4.5 per cent, to $16.48 US. March copper jumped 13.9 cents, or 4.5 per cent, to $3.2215 US a pound. March Crude oil ended the session sharply higher, up $2.88, or 3.9 per cent, at $77.01 US. The Canadian dollar added half a cent to 95.83 cents US after an extended weekend where holidays closed exchanges on both sides of the border. New Gold rose $420 cents, or 4.2 per cent, to $4.99 after closing the sale of 70 per cent of the El Morro gold project in Chile to Goldcorp. The deal gives New Gold $50 million in cash, as well as Goldcorp funding New Gold’s share of the project’s construction and development costs. New Gold exercised its right of first refusal, buying the 70-per-cent stake in El Morro from mining giant Xstrata before selling to Goldcorp.
Shares of Labrador Iron Mines added 65 cents, or 11 per cent, to $6.48. The government of Newfoundland and Labrador granted environmental approval for the company’s Schefferville iron mine project. The company signed an agreement with the Port of Sept Iles to use the Point Noire bulk shipping dock originally built for the Wabush mine in the 1960’s.
Petrobank gained $2.57, or five per cent, to $53.79. Its 67-per-cent owned Colombian junior producer Petrominerales jumped $3.03, or 13 per cent, to $26.33 after reporting daily production of 43,800 barrels a day, doubling output in the past six week with two new wells, and casing a third well.
On Wall Steet, the Dow Industrials rallied 169.67 points, or 1.7 per cent, to 10,268.81, for their biggest advance since November. The S&P 500 gained 19.36, or 1.8 per cent, to 1,094.87, while the Nasdaq composite finished up 30.66, or 1.4 per cent, at 2,214.19. Shares of Sequenom gained 74 cents, or 16 per cent, to $5.34 US. The genetics company launched a new blood test for mothers that reveals the baby’s gender in the first trimester of pregnancy.
Terra Industries popped $7.44, or 22 per cent, to $40.69 after the company accepted an all-cash bid of $4.1 billion US, or $41.10 US a share from rival fertilizer producer Yara International. The combined company, controlled by the Norwegian government, will control 30 per cent of the U.S. fertilizer market. Calgary-based Agrium rose $1.19, or 1.8 per cent, to $68.79. The Terra takeover eliminates a major obstacle for Agrium, the second-largest Canadian fertilizer company, in its bid to buy CF Industries. CF had pursued its own acquisition of Terra for more than a year. Its shares climbed Tuesday, adding $3.07, or three per cent to $103.57 US.

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THE PIGS VIDEO OF THE WEEK.......................

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