SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank Pembleton who started this subject9/10/2002 4:24:25 PM
From: jimsioi  Read Replies (2) of 36161
 
Break of HUI's hourly uptrend

The major uptrend line in the HUI was broken with today's weakness. Most Gold stocks have key indicators turning down for overbought high levels. This suggests to me a move to about 126-7 on the HUI and for some time to pass for rebasing prior to a further advance. I would seem that post Greenspan and 9/11 we are shaping up for at least a short term general equity relief rally unless Bush's speech to the UN undoes that prospect.

charts-d.quote.com:443/1018861607910?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:HUI.X&Interval=60&Permission=314410&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

Daily HUI - corrective down leg in progress. Ultimate turned down from 70 and the DMIs have hooked....among other things.... suggestive we've seen a short term top of significance. All it takes is for an article to be printed in Barrons about a stock or group to peak it out.
stockcharts.com[h,a]dbcaynay[dc][pc50!c200!c20!c13!f][iut!Uya7,14,28!Ll14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G

KRY looks interesting on this set back in the miners between 1.83 and about 1.92
stockcharts.com[h,a]dbcaynay[dc][pc50!c200!c20!c13!f][iut!Uya7,14,28!Ll14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G

jims101
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext