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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (14807)	8/24/2004 3:16:02 PM
From: big guy	Read Replies (1) \| Respond to of 108906

Iso, I was referring to the three black crow on the weekly HUI chart. stockcharts.com[r,a]waclnyay[pi!b50!d20,2][vc60][iuah12,26,9!lb14!ll14][J30105842,Y]&pref=G I had 207 as the number to watch there. As far as the gold chart itself I was watching the bear flag developing on the monthly chart. stockcharts.com[r,a]maclnyay[pi!b50!d20,2][vc60][iUah12,26,9!Lb14!Ll14][J24327239,Y]&pref=G

To: isopatch who wrote (14807)	8/24/2004 3:23:32 PM
From: Roebear	Respond to of 108906

isopatch,RE Gold chart Wearing out the Periscope here, one more comment before I dive deep. If candle formation holds till end of week (IF), then that is a Harami and end of trend is likely short term, i.e., down we go. OTOH, (Remember Harry Truman's need for a one armed economist??), downtrend likely to be short, and triangle breakout will trump both the three black crows and the Harami by early September after test of 385 (gap)-400(SaR) levels. Of course the best laid plans.... Scope down, make depth 1000 feet, sonar passive, rig for Silent Running, Roebear

To: isopatch who wrote (14807)	8/24/2004 7:04:14 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 108906

>Counter trend rallies don't ordinarily traverse more that >1/3 to 1/2 of that bearish pattern. >Thoughts? Maybe the last rally is not counter trend but is a resumption of the long term trend. The correction would be over.