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

To: SliderOnTheBlack who wrote (26228)	6/28/2005 10:01:37 AM
From: Roebear	Read Replies (1) \| Respond to of 108787

Slider, Looks like someone slammed the door and woke up the sleeping baby gold bear, ggg. I don't believe I mentioned this in public, though I have in private. Too bad, would have been a great call, as it is, I have to settle for making the right moves early Friday for the wrong reasons. Like we always say, better to be lucky than good, ggg: Current chart for HUI in June is a fractal to the March HUI. To avoid a sharp waterfall sell off like that one from Mid March to Mid May, the HUI MUST hold 192 or at least 189 over the rest of the week. Currently showing not an abandoned baby, but an abandoned orphanage here in June right at resistance levels for many HUI stocks. ST chart is showing HUI holding on by its hooves to support while bear claws are trying to drag it down. Who will win ST, don't know yet, longer term, still bullish...

To: SliderOnTheBlack who wrote (26228)	6/28/2005 11:07:53 AM
From: isopatch	Respond to of 108787

Slider. I'm afraid the highly skilled ST traders on this thread R going to be right 70 to 80% of the time when they sell their gold stocks and go to cash AWA when they reload and go 100 or more long. Trying to paint them as bears when they sell isn't at all accurate. They're simply sticking with their style which differs from yours AWA mine. And a very successful style at that. Fact is? ST traders have and will continue to outperform those with longer holding periods in the whip saw market environment that we've been in YTD. Their sales last week have nothing to due with lack of faith in the LT case for owning PM stocks. Almost all of us R on the same page in that regard. But I want a variety of trading/investing approaches on this thread and our ST traders help me achieve that goal. Cheers, Isopatch