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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (8133)5/29/2001 3:35:55 PM
From: isopatch  Read Replies (2) of 52237
 
Nice size adds by the Fed, today.

biz.yahoo.com

Precious metals and PM stocks having a normal correction.

"Fizzled" is a term possessed of more finality than IMO is appropriate at this point. I'd agree if we'd retraced the entire rally. But that doesn't look likely IMHO.

My MINIMUM target for a retrace on the HUI is 62-3 and we've not even gotten to that level yet.

Looks like LOILY (large position since Jan) breaking out on high volume above the key $3 area.

Regards,

Isopatch
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