Jump to content



Photo

we should now continue down for about 50 HUI pts


  • Please log in to reply
2 replies to this topic

#1 wxman

wxman

    Member

  • Traders-Talk User
  • 139 posts

Posted 23 June 2005 - 03:06 PM

we should now continue down for about 50 HUI pts

http://tinyurl.com/dpmss

today's intraday high corresponds to the 69 trading day peak on march
16 at 221

#2 SilentOne

SilentOne

    Member

  • Traders-Talk User
  • 3,452 posts

Posted 24 June 2005 - 11:51 AM

The next run in gold (if it comes) will tell all. If the HUI cracks 208 resistance as gold attacks the highs, then the bulls and PM investors can rest easy. If not, beware.

Posted Image

http://bigcharts.mar...&mocktick=1.gif

Looks like a 3-day bear flag on the HUI.

cheers,

john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#3 calmcookie

calmcookie

    calmcookie

  • Traders-Talk User
  • 2,536 posts

Posted 24 June 2005 - 03:40 PM

FWIW - Believe that Gold and gold stocks ARE at an important juncture here ... moving sideways and deciding which way to go ... whichever way it is will be fast and large (BIG MOVE). Merely my 2 cents worth of ridiculous speculation ... cuz what do I know? ... am just a crumb in the batter. :) :P :) Good luck to all. Golden Caramel Cookie