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To: NOW who wrote (154243)10/28/2007 9:34:37 PM
From: skinowski  Read Replies (3) | Respond to of 209892
 
Te, what is labeled as Wave 1 of 3 on that chart could easily be ALL of 3, and the recent long consolidation could be W4. That "1 of 3" contains 127% of points which make up W1. I think it easily fits.

A similar chart of $HUI looks even more like it is in the 5th wave.

Other than that... who knows. For all sorts of reasons, mostly fundemental, my gut feeling is that it pays to be bullish PM's... but charts are open to varying interpretations as of this time. Maybe Shack will come home in good enough shape to chime in... LOL.