Thursday, September 28, 2006

HUI Chart & Commentary


Comments: The 320 area in the HUI looks like it could be a legitimate target for this upmove, but we'll have to see whether we can hold the short term uptrendline tomorrow.

Sentiment: Still short term bullish.

PM Portfolio Exposure: 92% + 4% short S&P500

Just to let everyone know, I'm traveling to California today until October 10th, during which time my ability to post updates here may be limited. But we'll see how it goes. In any case, feel free to drop me a note about anything precious metal related if you have any thoughts, comments or ideas.

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