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To: NOW who wrote (124161)9/16/2005 6:13:38 PM
From: skinowski  Respond to of 209892
 
I would also like to know what Shack thinks. But in the meantime, I agree with you that $HUI is at resistance, and I agree that since the 2003 top it made a 3-3-3-3... But on the last "3" the jury is still out. Yes, it may be Wave D of a large triangle, OR it may also be in a wave 3 up since the low last May.

If the index does anything positive from here, the triangle scenario is probably kaput.



To: NOW who wrote (124161)9/16/2005 6:45:49 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
I don't know about the HUI but the POG made a new high in the face of that impulsive down wave from earlier this year which at this point I can only label a (C) wave.

Strictly based on that I think its very possible that Gold is going to the moon.


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