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


To: nspolar who wrote (6290)5/7/2004 11:56:43 PM
From: Little Joe  Read Replies (2) | Respond to of 60910
 
I think HUI is going to 150 and I think there is a strong possibility it will hold there and set the stage for the rally or bull market. But as always we need to watch the charts and see if we can determine what they are saying.

Little joe



To: nspolar who wrote (6290)5/8/2004 7:02:15 AM
From: crustyoldprospector  Read Replies (1) | Respond to of 60910
 
Hmmm, fibo indicates to me that a visit to the vicinity of HUI = 147 is a high-probability event now, but I am working on the premise that this is the 2 down in the big bull. The 38% retrace would be 173, and unless HUI gets back up there on Monday and stays (doubtful looking at trend indicators), then a visit to the 50% retrace in the 147 area is in the cards. Maybe not next week, but sometime before fall.

Not unreasonable to think that 120 (62% retrace) could happen, but I'll likely jump in big as HUI approaches the 150 area.

IMHO, FWIW,

crusty