Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (1830)	10/8/2008 1:47:27 PM
From: morokko65	of 3209

Is today looking like that ii on the HUI is complete? stockcharts.com weekly MACD is now at a low level at a similar (inverse) magnitude as 2006 & 2008 peaks. I did start to leg back in to PM mutuals in the last week for a swing trade. thinking we backtest the 400 support/resistance area at a minimum 405 on the HUI would be a 1.61 fib off of 234 lows based on the early sept pop (i) of 100+ points.

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