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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (17412)	8/20/2003 9:25:32 PM
From: dara	Read Replies (1) \| Respond to of 39344

LJ, Regarding Goldcorp calls, how far out would you be looking to buy them for? Just trying to understand your technique... dr

To: Little Joe who wrote (17412)	8/20/2003 9:31:31 PM
From: TrueScouse	Respond to of 39344

LJ: Great post! And please don't apologise for the length of it when the content is this good. As you know, I've been predicting a "summer rally" as an essential feature of all gold bull markets since the beginning of summer! Your charts are telling me that this is more likely than a major correction. But of course I could be wrong. <vbg> I'm still looking for a significant further move up in the POG before the end of August... but watching it like a hawk.. :^) Best regards, Howy

To: Little Joe who wrote (17412)	8/20/2003 9:32:07 PM
From: gold$10k	Read Replies (1) \| Respond to of 39344

Little Joe, XAU has just broken the neckline of a 5 year long inverse head and shoulders which projects to XAU 137. bigcharts.marketwatch.com I see the 5 year HUI chart as a cup and handle which projects to HUI 263... which is very close to your number. bigcharts.marketwatch.com But first we have to reach (and then partially retrace) the triangle breakout targets of XAU 110 and HUI 217. Regards, vt

To: Little Joe who wrote (17412)	8/21/2003 5:54:29 AM
From: crustyoldprospector	Read Replies (1) \| Respond to of 39344

LJ, Thanks for the update and the fine charts. Let me add that reading the HUI chart with "fuzzy glasses" gives a more simple bullish indication: wave 1 = 35 to 70, wave 2 flat, wave 3 = 70 to 140, wave 4 flat, wave 5 = 140 to ... another double at 280. The time for target completion, if equal to the previous moves, would be about one month from now: stockcharts.com[m,a]walayyay[df][pf][vc60]&pref=G But, I've been wrong before. See the post I just made to VT to explain why I've been selling a SMALL portion of my PM holdings: Message 19229317 Regards, crusty