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Strategies & Market Trends : Strictly: Drilling II
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To: terry richardson who wrote (34139)12/4/2003 10:58:10 AM
From: nspolar  Read Replies (2) of 36161
 
terry, Drooy has been probing its LT downtrend line for 2.5 months. One breakthrough, initially. In a LT sense it is fighting a bearish pattern, against a positive one under development.

My current thought is that SA golds will not do much until the dollar puts in an IT bottom, which is getting closer, much closer.

This HUI is right on course imo, came about a day or two earlier perhaps than I thought. Unless it is bigger and something different than the plan, it lasts another 5 days or so and goes below 240.
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