AI
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Tuesday, August 30, 2005 11:54:04 PM
***HUI bears have taken control here, opened on HOD, closed on LOD... and UNDER 200...
Bears will now have their run in the park as the HUI enters a potentially climactic wave down before the longer-term bull in $GOLD continues... $GOLD may retest $400 here, and may in fact briefly dip below $400... one final and potentially "massive" shakeout is warranted here and it will join the markets as they exhibit the initial panic or surge lower to kick-off the rebirth of the secular bear...
Minimally, looking for $177-$182 here... but unforseen events could change that...
Bears will now have their run in the park as the HUI enters a potentially climactic wave down before the longer-term bull in $GOLD continues... $GOLD may retest $400 here, and may in fact briefly dip below $400... one final and potentially "massive" shakeout is warranted here and it will join the markets as they exhibit the initial panic or surge lower to kick-off the rebirth of the secular bear...
Minimally, looking for $177-$182 here... but unforseen events could change that...
HI-HO SILVER !!!
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