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


To: Roebear who wrote (25451)1/13/2003 4:38:06 PM
From: jimsioi  Read Replies (2) | Respond to of 36161
 
Roebear, my thoughts on the HUI

For what you find them worth my thoughts on the HUI are that the failed rally today from the lower opening has some serious overtones and needs to be contained tomorrow or we're going down to at least the 50 day moving average. The 20 day comes in at 142 right along a series of recent lows...The daily indicators took a turn for the worse today with the weak down close.

I'd be concerned that tomorrow might see some strong liquidation if Gold comes in lower....Hopefully, Gold will open higher and the miners will spring up from today's last quotes.

stockcharts.com[h,a]dbcaynay[dc][pc50!c20!c200!c13!f][iut!Lya7,14,28!Lp14,3,3!Lh14,3!Ll14!Ld20]&pref=G