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Tuesday, January 23, 2007 12:15:28 PM
***HGX, super-bullish move today... WOW!!!>>> (GAP & RUN)... does it hold into the close is the million dollar question... and why are people so optimistic on the housing market is the billion dollar question!>>>
252.84 is the 61.8% fibonacci retracement point from the 293.66 high in July 2005 and the 186.82 low in July of 2006... and should provide for notable resistance... keep that in mind, and go in with a tight stop-loss and short the large homebuilders when or if the HGX gets to that mark for a quick trade...
252.84 is the 61.8% fibonacci retracement point from the 293.66 high in July 2005 and the 186.82 low in July of 2006... and should provide for notable resistance... keep that in mind, and go in with a tight stop-loss and short the large homebuilders when or if the HGX gets to that mark for a quick trade...
HI-HO SILVER !!!
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