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To: SwampDogg who wrote (89039)	1/10/2004 12:19:53 AM
From: nspolar	Respond to of 209892

I did not say when the next HUI or POG correction will be. I just said I saw a possible IT top in POG (the 3 of (3)), about mid year. Interestingly enough that also corresponds somewhat to my landing zone for the dollar, at present. Always subject to change. HUI and POG don't have to be in sync, and I do not have them in exact sync here. The HUI consists of a variance of components, and if you to through them one by one you will notice an awful lot of variation. HUI imo is also getting somewhat sensitive to POG price here, as a lot of the stocks are without a doubt pricey. It is taking somewhat more energetic thrusts in POG to drive the HUI. If the general markets fall, will that change? I don't know, but it seems possible it could drive some money to gold and gold equities. Or ... it could serve to do the opposite. I just don't know. A misunderstanding always develops as well, with gold stock players, as to what constitutes a major correction. A minor correction in gold stocks imo is anything within a major wave such as a 3 (not a (3)). Just noise to me. Even the more major corrections within a (3) are not that relevant to me, but I do try to see them coming and readjust/rebalance. I used the latest correction to rebalance toward small caps such as the one I showed, late comers like Drooy, and silvers. I sold a lot of SSRI today. It was my margin stock and I wanted to get off margin, and also to generate some cash for USPIX and perhaps soon for URPSX. I am in the process of backing out of certain golds, but it will be a slow process.