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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (120719)	6/21/2005 12:33:00 PM
From: Henry J Costanzo	Read Replies (1) of 209892

HUI/XAU/NEM/PAAS...etc. All IMHO in a very crucial TA position.........having long consolidations......triangular type formations.... since late 2003... of uncertain resolution....... And resolution IMHO should become clear very soon now... .....Fall below last lows would constitute a bearish signal sure to please Prechter.... ....A break above DT lines through the Dec and Mar highs would signal considerable upside .. Would not take huge moves to clarify this.........so I'd tend to wait and see before getting aggressive in this area ...either way...(..and will spare you my FAish views....g)

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