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


To: steve from ihub who wrote (20009)1/16/2005 10:30:23 AM
From: blind-geezer  Read Replies (3) | Respond to of 60908
 
stockcharts.com[h,a]maclyyay[pc10!c20!d20,2][vc60][iLb14!Lp14,3,3!Ll14][J6880264,Y]&pref=G

is this bad boy at the beginning of a multi monthly decline bringing it down to the 150 area ???
that would be another 25% haircut ...



To: steve from ihub who wrote (20009)1/16/2005 10:51:19 AM
From: Square_Dealings  Read Replies (1) | Respond to of 60908
 
<give or take 3% or so in the indexes> that sounds about right

I think if it goes much more than that then its a real problem.

Im afraid gold stocks are doing what I expect the stock market to do here, which is roll over slowly with lots of little head fakes to the upside and then all of a sudden head down hard and fast.

I was going to wait for 217 HUI, then I lowered it to 210, then 206 and I tried a few positions as the lower levels were reached but it just doesnt look to good. I think its better to hoping for a pull back to buy on something thats clearly going up.

M