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Strategies & Market Trends : Strictly: Drilling II
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To: Murray Grummitt who wrote (27658)2/6/2003 2:55:19 PM
From: Louis V. Lambrecht   of 36161
 
Murray, dunno. Check the 200DMA stockcharts.com[w,a]daclynay[db][pd20,2!b200!f][iut!Ul14!Ub5]&pref=G
it is almost a straight line, almost coincidental with the line of higher lows I can draw from last year's July selloff.
Retested in Oct and in Nov.
I could expect HUI 128ish as a test.
OTOH, I would expect the PoG to test 358-360. And silver 4.58-4.62.
Not the same proportions, not the same instruments....
Not saying they can't move in sync, but I would not trade the HUI basing the strategy on the PoG or the PoS.
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