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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy2/26/2006 5:26:04 PM
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AZK/DEZ/MNG/NXG

HUI - Where to Now?
PMtrader
February 27, 2006

This paper builds upon several prior editorials.

In the more recent of the latter editorials, a price target of 350 HUI and $550 spot gold was proposed. Now that these targets have been reached, an obvious question arises: Where to now?

Let's not beat around the bush.

The next target for the HUI is 425, which should be reached by April 20, 06.

Now let's digress a moment and discuss exactly how to interpret this admittedly bold statement. Is it investment advice? No. Is it an absolute truth? No... rather it is a conclusion drawn from the analysis below. Additionally, it is this author's interpretation of what he feels is the highest probability outcome for medium term HUI performance.

321gold.com
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