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| Alias Born | 06/16/2004 |
Saturday, October 15, 2005 3:28:03 AM
***HUI broke below a Head & Shoulders on Friday, opened and closed with a hammer which apparently defended the H&S break, people are in denial, this is a bad sign for the bull market that happened on Friday in broader stocks, about 2 to 1 gains on the NYSE... coming off a day when there was 5 to 1 losses, at least 3.5 for two consecutive sessions earlier in the week...
HUI failure here at the neckline retest will result in a huge earnings panic among $GOLD stocks, watch it's open/close on Monday & Tuesday next week... will be very important, HUI may go under $200 fast!!!>>>
In fact the chart looks to be potentially lagging the Nasdaq Composite or techs stocks just on a smaller scale>>>
If that's the case, may be support on the HUI at $219 next, then $207?>>>
HUI failure here at the neckline retest will result in a huge earnings panic among $GOLD stocks, watch it's open/close on Monday & Tuesday next week... will be very important, HUI may go under $200 fast!!!>>>
In fact the chart looks to be potentially lagging the Nasdaq Composite or techs stocks just on a smaller scale>>>
If that's the case, may be support on the HUI at $219 next, then $207?>>>
HI-HO SILVER !!!
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