We need to bounce of the down trend line today…
http://www.sneadsferry.com/upldpix/$Hui.bmp
Has $HUI broken the downtrend line?
Started by
Thunders
, Mar 16 2004 06:51 AM
4 replies to this topic
#2
stockbucks_coffee
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Posted 16 March 2004 - 10:02 AM
very difficult to call but looks like HUI has put in a short term low for now...let's see how much it can rally off from here (and whether it falls down to the support line.) If rallies above the recent lower high then it should be more bullish otherwise the retest of below again. SC.
#3
PMILLY
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Posted 16 March 2004 - 12:39 PM
I'm not betting on anything right now because I am not positioned either long or short, but it's possible gold could also start another leg down here. It got oversold on the hourly chart and this move up this morning was pathetic. I just don't like the action on NEM. If it turns up strong, I may buy, but right now I prefer to be neutral or possibly even short.
Pmilly
#4
PMILLY
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Posted 16 March 2004 - 12:40 PM
I'm not betting on anything right now because I am not positioned either long or short, but it's possible gold could also start another leg down here. It got oversold on the hourly chart and this move up this morning was pathetic. I just don't like the action on NEM. If it turns up strong, I may buy, but right now I prefer to be neutral or possibly even short.
Pmilly
#5
TomD
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Posted 16 March 2004 - 04:27 PM
My Webpage
a good Capt hook article which talks about NEM in relation to HUI
likewise I remain on sidelines..
a good Capt hook article which talks about NEM in relation to HUI
likewise I remain on sidelines..
Health Canada has just released a study which shows that 100% of the population who have been exposed to whole milk products will die.
