SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (25207)5/23/2005 5:13:42 PM
From: Nihontochicken  Respond to of 108677
 
The HUI still looking like another porpoise dive down is possible, yet it could finally pierce the BB midlines instead. This is the fourth challenge in the last six weeks. The next couple of days should well tell. Chart:

smcurl.com

The weekly chart doesn't give as much hope, but, of course, it lags:

smcurl.com

A conservative PM long investor might wait for the HUI to break the BB midlines upward on the weekly, which could be somewhere in the 185 area eyeballing the chart, if an uptrend continues. FWIW.

NC