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Goldcorp Inc. Message Board

  • kgmb_champion kgmb_champion Apr 4, 2007 12:29 PM Flag

    hui

    i really like the gold action lately. a major break out maybe brewing with the hui/gold ratio approaching the one yr down trend line....im getting all excited again.

    shorter term, the dow 15 min chart probably the cleanest chart to follow relative to hui and xoi. dow is forming an ending triangle. this is the minor wave 5 up.

    the hui is most explosive....also probably into the latter part of the 5th minor wave this am. i was wrong yesterday....hui was forming wave 4....a symmetrical triangle.....

    xoi is in a trading range great for flippers the last 5 days....will this channel be broken....or is this already the correction for the run up....the immediate daily count for xoi is its in wave 4 or minor 1/3 up.... if the latter is the case.....we can expect oil to rocket above last year's high.

    all this spells doom for the dollar......major support at 80.

    kgmb:)

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