Tuesday, December 19, 2006

Charts of Interest HUI / NXG / CUP

Comments: It looked bad for the HUI yesterday, but the XAU never confirmed the break by the HUI of its uptrend. But now we have some conjection that we need to clear. The RSI downtrend break and move back above 50 is a positive sign.


Comments: Big break out in the works at NXG.


Comments: Despite today's sell off which erased today's gains, CUP has now broken out and we can expect higher prices in the not too distand future.

Last Week Portfio Gain/Loss: -2.45%. A second week of losses, but it could have been worse considering the bad action in Gold.

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