SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Woodshed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Watkins who wrote (6221)5/7/2004 1:00:24 PM
From: Shack  Read Replies (2) of 60912
 
Nice post Michael. You can't ignore the big uptrend line off the 2000 lows being taken out on the HUI. That line had held for nearly 4 years!

I mentioned last night Message 20102250
to watch for a sharp move to new highs (for the recent move) on the clownbuck which would be a large technical development in terms of wave analysis and the downchannel break. It is very close to happening here. If the US$ cracks 93 I have it going to at least 100 in my analysis. Not surprising really, it was way overdue for a decent bounce.

I see no reason why after a 7 fold increase in the HUI we won't pullback a very long way here. I do not think we are pointing down in the largest time frames but i agree with you that the intermediate trend has obviously reversed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News