The HUI Gold Stocks Index Holiday Fractal Seasonals
Commodities / Gold & Silver Stocks Dec 28, 2010 - 02:28 AM GMTGoldrunner writes: The Holiday Season often tends to usher in strength for the Precious Metals Sector and this is especially true for those Holiday Seasons which are related in a fractal pattern.
In the chart of the HUI below, I have outlined in green the analogous fractal price periods from a couple of days before Christmas to the end of the first quarter of the following year which I expect future HUI price action to mimic. As my friend, Deadeye, often says, “Things might not play out exactly like history; but they often rhyme.”
Conclusion
If the HUI chart once again resolves in a similar manner, we would expect to see a sharp rise (approx. 70%) in the HUI Index starting the week after Christmas with a secondary run-up into May of 2011, as detailed in a previous article (here), to somewhere between 940 and 970.
In this Holiday Season, please remember that this Christmas Season is all about loving, caring, and unselfishness for others.
Happy Holidays!
GOLDRUNNER
Goldrunner is a frequent contributor to www.FinancialArticleSummariesToday.com and www.munKNEE.com and you can receive information about our new subscription website once it is active by dropping us a note at Goldrunner44@aol.com. You are also encouraged to sign up for munKNEE’s FREE weekly “Top 100 Stock Market, Asset Ratio & Economic Indicators in Review” which will begin early in 2011.
Disclaimer: Please understand that the above is just the opinion of a small fish in a large sea. None of the above is intended as investment advice, but merely an opinion of the potential of what might be. Simply put:
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