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To: MetalTrader who wrote (89817)4/7/2001 6:10:16 PM
From: isopatch  Read Replies (2) | Respond to of 95453
 
For the TA and chart mavens. Check this...

12 month, weekly saga for the XNG:

stockcharts.com[h,a]waclynmy[dd][pb50!d20,2][iLa12,26,9!Lb14!Lp14,3,3]

If you're a LTer and are sitting on lot's of cash? IMHO, it's STILL not time to get fully invested in the NG stocks!

The various indicators continue to flash negative divergences out the wazoo, folks !!

Countertrend Bear Market rallies? Sure. And some, like the very good one I see shaping up right now will be very profitable to "trade". Just average in but on dips ONLY. The rally IS for real. But as we complete the bottom for it, expect a lot of volatility to provide lot's of scalping and ST trading ops as intermediate players like me average in.

After that? More downside in the Fall for the NG group.

Isopatch