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Merv Burak

Merv Burak

Contributor since: 26 Feb 2010

Biography

During the day Merv practices his engineering profession as a Consulting Aerospace Engineer. Once the sun goes down and night descends upon the earth Merv dons his other hat as a Chartered Market Technician (CMT) and tries to decipher what's going on in the securities markets. As an underground surveyor in the gold mines of Canada's Northwest Territories in his youth, Merv has a soft spot for the gold industry and has developed several Gold Indices reflecting different aspects of the industry. As a basically lazy individual Merv's driving focus is to KEEP IT SIMPLE.

  • Technically Precious with Merv

    Published 02 September 2007 | viewed 2,988 times

    It's been a quiet week in the precious metals. The action has been basically lateral with some upward bias. Friday was good but probably with…

  • Merv's Non-Edibles Futures Page

    Published 26 August 2007 | viewed 2,263 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 26 August 2007 | viewed 2,820 times

    Good week but on pathetic daily trading volume. Professionals still on vacation ??? Let's see where we are. GOLD LONG TERM Semi-Log Scale I was…

  • Merv's Non-Edibles Futures Page

    Published 21 August 2007 | viewed 2,481 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 21 August 2007 | viewed 2,925 times

    Scary? Maybe, but we've been there before. $21 (or 3%) drop in gold price is not so unusual. What next? Let's take a quick look…

  • Technically Precious with Merv

    Published 12 August 2007 | viewed 3,428 times

    You'll sleep better at nights if you just focused on the intermediate or longer term trends. As an example, both moving averages of gold remained…

  • Technically Precious with Merv

    Published 06 August 2007 | viewed 3,346 times

    And away we go. The plunge of the previous week is almost corrected - except for the volume. On the whole, speculators are still leery…

  • Merv's Non-Edibles Futures Page

    Published 30 July 2007 | viewed 2,360 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 30 July 2007 | viewed 2,708 times

    So, this is what it looks like when you go over the cliff. Danger, professionals at work, do not try this on your own. With…

  • Merv's Non-Edibles Futures Page

    Published 22 July 2007 | viewed 2,549 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 22 July 2007 | viewed 2,808 times

    All in all, a pretty good week. The major gold Indices are finally breaking out of their year long lethargy and may be making a…

  • Merv's Non-Edibles Futures Page

    Published 15 July 2007 | viewed 1,953 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 15 July 2007 | viewed 2,970 times

    Nice little rally in the precious metals but for now the emphasis is on the "little". Rallies happen, longevity is rare. Let's take a closer…

  • Merv's Non-Edibles Futures Page

    Published 02 July 2007 | viewed 2,794 times

    Weekly Technical Information and Ratings   Click to open larger image in new window.  

  • Technically Precious with Merv

    Published 02 July 2007 | viewed 2,865 times

    Despite a small up tick near the week-end gold is still tracing a slow and steady downward slope. Will it accelerate or come to an…

  • Technically Precious with Merv

    Published 24 June 2007 | viewed 2,479 times

    Gold just can't seem to get any steam for a good rally. Weakness seems to be the direction of least resistance. GOLD LONG TERM Still…

  • Merv's Non-Edibles Futures Page

    Published 19 June 2007 | viewed 2,425 times

    Weekly Technical Information and Ratings   Click to open larger image in new window.  

  • Technically Precious with Merv

    Published 19 June 2007 | viewed 3,337 times

    With 93% of the "quality" stocks on the rise and only 40% of the gambling variety on the rise this was a "quality" week in…

  • Technically Precious with Merv

    Published 10 June 2007 | viewed 3,216 times

    WOW! Nibble, nibble, nibble then plunge, plunge. Now what should we expect? Five days of down side, one should expect a few up sides BUT…

  • Technically Precious with Merv

    Published 04 June 2007 | viewed 3,176 times

    A bounce off the long term moving average line and it looks like more smiles ahead. What could go wrong? We'll soon know if anything.…