Monday, June 28, 2010

Rocket Launch (Cover your ears)

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The miners (HUI) look about ready to lift off and if they succeed, gold will launch right after they leave earth.
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The TSI is now making a lower high and the HUI a higher high - so this may well back fire.
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It backfired.  A better set-up will be required, obviously.  Back to the drawing board before another attempt  :)
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Click on the chart to ENLARGE


WHILE WE WAIT
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Here are three charts of stocks either breaking out or thinking about breaking out.


First, MGH
Second, RIC
Third, SWC


Click on the chart to ENLARGE        
                                                                        

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