Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: NOW who wrote (376)	5/3/2008 4:48:09 PM
From: AllansAlias	Read Replies (2) of 3209

I think one has to buy HUI here with a stop against this week's low. While shy of 375, it just might be done here. It is shy of the a=c target for a simple correction, but not by much. I would have so much preferred a scarier test for the simple a-b-c correction case, something around 360, but I do not intend to be shut out, so this might take multiple tries to get on board. I actually do not favour that HUI is done correcting, but this is the first time in about 6 weeks, since getting out, where it could be finished an a-b-c off the highs.

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