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Strategies & Market Trends : Classic TA Workplace

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From: elliottrules4/18/2008 4:32:21 PM
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HUI

I apologise up front for the timing of this post. It was NOT on purpose that it follows a post by 'Galirayo' and NOT meant in anyway to counter his opinion. In no way am I trying to discount in anyway a great call made last week from 'Galirayo' about the up move in these stocks (more specifically GOX) and OIL (that I was on the wrong side of). OIL BTW is giving me a giant GRUNDY. That is what makes a market.

Now below wave 'a' high of 462.31 on the hourly and 1/2 hour model..making the entire advance from the 4/1 low 'look' corrective in nature. Unless HUI can regain 462.30, the next down wave should take us to the targets mentioned in this post (377 or 313).

Message 24505057

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