one of two things here we could be doing an abc-x -abc which will take us down to 201 area or the correction may be finished i dont know. in either case a wave up is coming to take the hui to the 300 area. lets see in either case i am firmly bullish the golds
gman
hui wave count hourly
Started by
gannman
, Feb 26 2004 11:53 AM
6 replies to this topic
#1
gannman
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Posted 26 February 2004 - 11:53 AM
feeling mellow with the yellow metal
#2
mss
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I'M WATCHING
Posted 26 February 2004 - 12:04 PM
I'm still on your side. Think you are correct, am betting on it! 
mss
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#3
gannman
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Posted 26 February 2004 - 12:29 PM
me lol 
feeling mellow with the yellow metal
#4
TomD
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Posted 26 February 2004 - 02:27 PM
I am still of the mind that the gold bull wants to buck off more riders though and a HUI test of 200 dma is coming
a lot of the stocks I am watching do look like they are ready to at least have bounces (200dma and trendline support...bottomed out stochastics)
Health Canada has just released a study which shows that 100% of the population who have been exposed to whole milk products will die.
#5
mini-trader
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Posted 26 February 2004 - 05:24 PM
Yes, very strong resistance...BUT the double bottom was made on HUGE positive divergence and the MACD just crossed 0 and the RSI bounced UP from 50
"Bottoms come fast...Tops take forever"
#6
dougie
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Posted 26 February 2004 - 06:38 PM
nice thoughts all: perhaps this is when we see gold shares diconect from clownbuck as clownbuck is measured in other soon to be worthless pieces of paper?
#7
cedartree
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Posted 26 February 2004 - 11:25 PM
I am still favoring hui 105, dollar 91. Next week on Thursday is the meeting to determine the discount rate in Euroland. Anticipation of a rate cut could strengthen the dollar a few more points. Does anyone have any thoughts on silver? I thought it might go back to 5.80, but it has been holding up quite well.
