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To: Paul Shread who wrote (35378)3/28/2002 11:12:27 AM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
Paul, Thxs. That would be great if that guy is on. It would line up with that 81 day cycle we were talking about the other day, and would go perfectly with the scenario of a HEALTHY pullback in the PM's across the board.

I liked your HUI charts last nite, perfectly symmetrical inv H/S, but i have a hard time seeing that index just blow right through 103 and all that resistance that it represents.

the pullback doesn't have to happen of course, but i think it would be the best most healthy thing, and i hope to buy it. a pull back to 75-80 would test the neckline perfectly. I think the HUI is in a r wedge on the weekly, and like Alan mentioned the other day, it is one of the most bullish developments to explode out of when it fails, as they often do in BULL markets. A little more pent up energy into the apex would be ideal...

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