Post by
PGMBOY on Nov 25, 2004 6:46am
GOLD SHARES BY JIM SINCLAIR
Wednesday, November 24, 2004, 5:54:00 PM EST
"The Mighty Huey"
Author: Jim Sinclair
I am not referring to a combat helicopter, but rather to the HUI Gold Bug AMEX index of precious metals shares.
"The Mighty Huey" has formed a potentially powerful BULLISH reverse head-and-shoulder, coming out of a triangle whose measured move suggests that the neckline of the BULLISH reverse head-and-shoulders will be broken to the upside.
Since the potential is that the BULLISH reverse head-and-shoulders will break to the upside, anyone who abandons shares of a precious metals company with good management, ethics, transparency, no insider stock-option plan, great properties, and therefore a bright future, is now totally bonkers