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Re: Zeev Hed post# 233308

Tuesday, 04/20/2004 4:04:30 PM

Tuesday, April 20, 2004 4:04:30 PM

Post# of 704019
Zeev
the hui has really broken down here and is pointing to a 150 area target. I think the short to intermediate term gold setup is quite bearish although we could certainly get a counter trend move to relieve the oversold condition.

http://stockcharts.com/gallery?%24hui

and the hui/gold ratio had a breakdown several days ago and is taking on more water today....

http://stockcharts.com/gallery?%24gold

Regards

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