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Strategies & Market Trends : Natural Resource Stocks

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To: A Horse With No Name who wrote (5905)1/7/2004 8:55:43 AM
From: ItsAllCyclical  Read Replies (1) of 108766
 
I don't really have upside targets for the HUI because it's difficult to say the least. I think it's easier to pick spots to begin averaging in a on a pullback. After the pullback develops and from what levels then it'll be a little easier to give new upside targets.

My 175 to 185 level is partly technically driven and partly sentiment driven. Of course as always I'll be watching things daily for signs of a change/bottom once the pullback starts so these levels are more for fun than anything. I'll try to listen to what the market is telling me vs sticking to a set plan. Easier said than done though.
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