Stock Attack II - A Complete Analysis Message Board

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

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To: donald sew who wrote (10935)	7/3/2001 5:51:32 PM
From: Shack	Read Replies (3) of 52237

Hi Don, I've been reading your stuff regularly and enjoy the insight. With regards to the OSX and the HUI, I have been carefully tracking them from an e-wave perspective and I agree with you in that I think the drillers are just about ready to take off. The down count there is nearing completion even though there may be a wiggle more to go, but 95 should be good support so a buy here ain't a bad move. On the weekly chart, it looks ready to take off into a 5 up of intermediate degree within the impulsive up wave off the 1998 lows. Are you planning to buy calls on the index or do you have any drillers in mind? As for the HUI, I am waiting patiently for this corrective structure to complete but I feel there is enough downside left to keep me away for a little longer. Its on track to reach the 54-57 level and that is still 10% lower than where we are. The down count there is not complete. Cheers, Shack

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