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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (6209)5/7/2004 11:17:25 AM
From: longdong_63  Read Replies (2) | Respond to of 60914
 
HUI just broke the Fibo at 173. Too much damage done so far. This will take months to repair. A lot of traders have become investors here. 160 HUI would be the 50% Fibo of the entire move plus a good support area to boot. I'm a heavy buyer there.



To: Square_Dealings who wrote (6209)5/7/2004 11:22:55 AM
From: Michael Watkins  Read Replies (1) | Respond to of 60914
 
In the big picture, the next reasonable support level is closer to 360. If last weeks low is broken, I would expect that 364 is visited fairly quickly. If not, perhaps a minor bounce or just a pause and then resumption of selling.

trendvue.com

Economic calendars (news events) are going to factor big in this.


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