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To: Shack who wrote (131182)3/24/2006 1:12:05 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
Shack: the XAU and HUI could still be in a c of abc of a 4rth wave up here could they not? I am long and happy with my posotions but dont want to be complacent



To: Shack who wrote (131182)3/24/2006 1:40:47 PM
From: bcrafty  Respond to of 209892
 
Shack, I agree - those FDA rulings and results of clinical trials and all that other FA can make one rich or poor overnight - I look at the bios as just too much of a gamble, so I don't play them either.

Pretty weird action on CEPH the last two days; yesterday it gaps down 6.5 points, recovers it all back, closing near the HOD on 10X normal volume, and then today opens gapping down below yesterday's low, and struggling to stay above yesterday's low - lots of trapped bulls who bought yesterday.

One has to admit that it had a nice run the last six months, but to me it looks like it still has some significant downside left, with next support around 57.5 and a bit stronger support around 52.5

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