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HGX...hmmmmmmm


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#1 eminimee

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Posted 23 January 2007 - 01:10 PM

The X wave top and the bearish ABC down to come is being threatened once again and would be bullish with a close back on top of that neckline....OR....the few upgrades that were announced on two or three individual stocks this morning is working quite nicely for an exit strat.

I'm thinking the latter still....

http://stockcharts.com/c-sc/sc?s=$HGX&p=W&yr=3&mn=6&dy=0&i=p35086960010&a=91715896&r=4242.png

#2 jawndissedi

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Posted 23 January 2007 - 01:43 PM

Faint praise, but good enough for a 3.5% pop in the index. :wacko:

GS upgrades homebuilders
Da nile is more than a river in Egypt.

#3 CLK

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Posted 23 January 2007 - 02:39 PM

Too much heat for me....good luck.

#4 cgnx

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Posted 23 January 2007 - 02:54 PM

A word comes to mind looking at that chart. TOAST!!!!!! :bear:
If it can be cornered, it will.

#5 jawndissedi

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Posted 23 January 2007 - 03:03 PM

A word comes to mind looking at that chart. TOAST!!!!!! :bear:


I try not to post too frequently on this subject because it makes some folks here get really, really defensive -- but, just for you, consider this analysis.

Edited by jawndissedi, 23 January 2007 - 03:04 PM.

Da nile is more than a river in Egypt.