It's Showtime For Huey

Gary Tanashian | Thu, 05/08/2008 - 6:33am | Add a comment

Rank this post

Recall I did some buying on the plunge to the 380's but also kept plenty of dry powder given the neckline break and lower targets. I have fully expected HUI to retest the neckline breakdown. But like gold itself, perhaps the gold stocks have had enough of this foolishness. They are close but no cigar - yet. MACD on the verge of confirming and the rise of the STOCH's above 20 bode well however. The plan is and has been to buy another washout OR buy a break above and hold of the 420 area resistance.

Comments

Please or register to post comments.

› Gary Tanashian

Gary"Therefore, investors must operate within the given system and try to resist the urge to control the markets in their own minds. This is vital and it is also the basis of the name of our website: but it is what it is." ...Right on Gary. Short and well said. Was waiting for so long for someone to say this. This ISNESS. Neither for nor against. Going with the flow. Did not know from where

Trading > Biiwii.com Notes

It's Showtime For Huey

Gary Tanashian | Thu, 05/08/2008 - 6:33am | Add a comment

Comments

› Gary Tanashian

› Featured on

PowerRatings Stock Trading Strategies: After the Bounce

Through a Trader's Eye

High Probability ETF Trading: Trading Near the Close

TRADE CENTER

› Most