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

To: Eva who wrote (32880)	10/7/2003 1:44:02 PM
From: nspolar	Respond to of 36161

Eva, re PAL no. But I am not hurting today. I thought already Friday that the little HUI waves turned impulsive up, after the bottom. This is what should have transpired after that bottom, if we are going to have another major wave up. This is subjective but positive. Additionally the HUI correction started on the 9th imo, and since then we had an ABC, actually a very positive one. Each wave was of very similar length, inferring that if this approach is valid it should have ended sometime about Friday/Monday. It is too early to get to giddy, as there are other negative possibilities. But GC03Z cleared a major hurdle already, now it remains to be seen if it can hold. HUI is working on an important level right here at 196, and the next level is probably 200, although I don't view that as important as here. But if it clears 200 I think it is going much much higher.