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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (19935)1/12/2005 3:19:48 PM
From: jimsioi  Read Replies (2) of 108687
 
SAR's in price charts...

They have a certain spell bounding appeal / effect...They seem to develop a lot of false signals, however.

SAR did give a very good signal on about December 6th in the HUI...That indicator confirmed developing weakness in the others..
stockcharts.com[h,a]dacaynay[dc][ph.02,.20!f][iut!Ub14!Lp14,3,3!Le12,26,9!Ll14!Lya7,14,28]&pref=G

Right now we're in a bearish set up relative to the SAR on the HUI. It would have to rise over 210 to reverse up...That looks unlikely today, certainly as the HUI now is actually down on the day after a flurry up to 210...With the exception of HUGO most of my stuff is holding up better than that..
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