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To: skinowski who wrote (51980)8/30/2002 12:44:37 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
How can you see this HUI move as 3 waves out of July low? It's still pushing higher. Sure, if it rolls over hard it'll look like 3 waves, but as it stands, you are calling the top when there is not yet one. No?



To: skinowski who wrote (51980)8/30/2002 1:13:28 PM
From: yard_man  Respond to of 209892
 
from a more simple POV --

stockcharts.com

HUI broke resistance @ 120 and is currently making the first higher high (intermediate basis) after a first higher low. It could roll over ... but it doesn't look bad for those hopeful that a turn has occured