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Strategies & Market Trends : Natural Resource Stocks

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To: Roebear who wrote (26245)6/28/2005 11:36:12 AM
From: Nihontochicken  Read Replies (2) of 108786
 
Good eye, Roebear. Chart:

tinyurl.com

Yes, the current $HUI rise and apparent top on the daily look very much like the situation last Feb.-Mar. BBs very similar. Also, $Silver seems to be headed south as I thought it might. If and when it hits its 65 WMA, then it's time to measure the size of the cajones and determine whether to throw in fresh powder. The LT trend holds (until it doesn't!). Then again, if the PTB are as strong as many indicate they are, then they should to be able to temporarily depress the price below the lower LT trend line just to shake out the small fry like us.

NC ;o)
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