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Strategies & Market Trends : Classic TA Workplace

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To: Berney who wrote (95368)	4/29/2004 1:40:13 AM
From: Shack	of 209892

Hi Berney, thanks for the kind words which are of course directed at everyone who participates here. After perusing a pile of charts tonight I think its over for the miners, at least for quite a while. The HUI is counting a real nice 5 waves off the 2000 low into the December high where we ended the first wave of a much larger secular bull IMO. I think we are into a 2/B down now and we are going to pull back a long way potentially. My best guess for the target of the pullback is the 120-150 area. In any event I do not believe we will see another high for quite some time and I am through with the miners until we get into the previously mentioned congestion area.

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