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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Murray Grummitt who wrote (25208)1/9/2003 10:19:09 PM
From: jimsioi  Respond to of 36161
 
Murray, re NEM, yes that's what I've been saying.

NEM does look bearish, and as the big cap supposed lead dog, it doesn't bode well. We may must be having a correction...the HUI hasn't even retreated to its 20 day moving average....Suspect it will have soon, however, and that the General Equity market will see the averages over the summer highs just in time for a renewed down draft....