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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who started this subject	3/10/2003 5:06:48 AM
From: crustyoldprospector	Read Replies (2) of 39344

HUI Weekly Chart: stockcharts.com[l,a]waolyyay[df][pc13!c50][vc60][iLp14,3,3!Ll14]&pref=G If rising bottom trendline on sto's holds, HUI should turn up within the next 2 weeks. ADX compressed in the 20 area ... note what happened the last 2 times. Looks like a 5th wave up coming for the HUI. In waves 1 and 3, timing from beginning of move to end was right around 6 months, at a price double that of the low in the base-building area. If history repeats, we could see the HUI hit 200 around August. I think the dollar will bottom in June (see previous post), but "gold fever" extending into August is not unreasonable. Now, whether that high in August is significantly higher than the one we should see in the late April to early June period, that I have some doubts about. There may be more profit in rotating from the spring high in gold to play a general market rebound, maybe with a focus on energy stocks. Comments appreciated, crusty

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