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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (91793)2/19/2004 1:02:05 PM
From: Shack   of 209892
 
But as you know, Shack thinks there may be some more up here before a larger correction is in the cards.

The key for me and the reason I believe this is the clear wedge off the HUI high in December. That reeks of corrective down as we broke up out of it quite impulsively. Today is shaping up as a reversal day back up after a little wiggle down.

As far as NEM is concerned, I'll feel much better if we can get out of the down channel off its December high, still $1 higher than here. Still have BGO as well.
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