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To: The Freep who wrote (125102)	10/17/2005 11:09:18 AM
From: marginmike	Respond to of 209892

nem move off high looks corrective. HUI looks like big cup of soup!-g-

To: The Freep who wrote (125102)	10/17/2005 11:26:04 AM
From: skinowski	Respond to of 209892

yes, that's what I said, I believe that the decline in NEM could be a "C" of a Flat. If the decline resumes, then that decline was (part of) 3. The fact that NEM/HUI did not confirm the Oct 10-11 top in Gold/GLD is a potentially bearish divergence, but - not enough to act on.... that's why I am on the sidelines and waiting.