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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (91663)6/21/2001 11:40:22 AM
From: isopatch  Read Replies (1) of 95453
 
HUI Chart...etc.

Corrective "a" wave from high was a beautiful .382 fib retracement of the entire rally. Textbook stuff.

Then, nice abc rally.

Now back to the 1st fib @ 62-3. Moment of truth in the next coupla days whether we get "c" wave down to complete the consolidation. My read of TA says yes.

stockcharts.com[h,a]daclyymy[pb50][vc60][iUb14!Uh20,20!La12,26,9!Ll14]

Longer term, PMs continue to look excellent.

Not much time to post lately.

Cash level currently 61% after taking profits on sev lg positions.

Exited RTN yesterday and day before for ST gain. 4 for 4 there during past 12 months.<g> 32 looks like a ST top, in here. Will reload on dips. Excellent lg cap to trade, and for LTers IMO.

Will also reload lg KGC pos (sold last Fri near cls) and several other target PMs.

Continue to let lg pos in special situation - LOILY - run for Intermediate to Long Term gains. Otherwise, still bearish on patch.

Best regards,

Isopatch
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