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To: ryback who wrote (4063)	3/1/2013 11:22:54 AM
From: The1Stockman	Read Replies (1) \| Respond to of 14245

I've looked at it from time to time, it tracks gold fairly close and also is close to the GDX, almost identical in the past few months. Just a quick look for those that are unfamiliar with HUI and what the $300.00 area looks like, its now well below the mid 2012 support area, the $350 area needs to hold or you just might see all gold related stocks drop yet further.

To: ryback who wrote (4063)	3/1/2013 7:56:28 PM
From: Robov	Read Replies (1) \| Respond to of 14245

Well looking at the weekly going back to 9/4/09 the HUI hit a low that week of 347.26 and had a weekly RSI of 64.44 having reached a high of 411.73 and close at 409.06 by the end of that week. We had a low this week of 150.78 and a close at 151.78 with a weekly RSI of 25.74 and a daily of 27.66. Beyond this level there is another level of support at the 336 level. But you get to a point of oversold where you just can't draw anymore blood and I think we are very close to that if not there. At the very least a bounce is in order sooner rather than later.