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To: Shack who wrote (147740)	8/10/2007 5:17:52 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Part of the folklore is that one precedes/leads the other..the metal or stocks..can't remember which...Any thoughts ??....assuming this makes any sense..

To: Shack who wrote (147740)	8/10/2007 5:24:28 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

POG is showing basically a very similar formation, except that it is suspiciously "wedging" up... LOL. Anyway, it will tip its hand very shortly.

To: Shack who wrote (147740)	8/10/2007 5:49:03 PM
From: Henry J Costanzo	Respond to of 209892

HUI/XAU...PS..FWIW I have been relatively bullish recently based on some simple TA considerations...new rally highs in July over the Apr highs...rising MAs, with the 50d above the 200d...relatively strong support at the MAs over the past week.....holding generally above the 50dMA last week.. Would want to see break of DT lines from Jul highs for confirmation that uptrend from Jun may resume.. GLD...basically same view..except that GLD has not made a new high over Spr..