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To: NOW who wrote (113592)7/19/2001 6:54:08 PM
From: NOW  Respond to of 436258
 
It would appear that the Japanese are repatriating for real here: dolllar/yen points to it and they certainly could use the money, or could they?



To: NOW who wrote (113592)7/19/2001 7:04:22 PM
From: pater tenebrarum  Respond to of 436258
 
a little one day pullback doesn't necessarily mean much. i'm not sure if the corrective phase in the HUI is over yet or not...there is a pattern model that predicts a correction to the 55 area, and that might still come to pass. however, i've noticed once again many ST traders bailing..that has been a reliable buy signal throughout the advance from the lows last year. either way, imo the up wave following the correction, regardless of whether it's already finished or not, should be the biggest to date. just a matter of patience, and pray that my wave count is the right one...-bg-