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Strategies & Market Trends : Aardvark Adventures
DAVE 218.26+2.4%Nov 28 9:30 AM EST

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To: ~digs who wrote (1679)10/14/2005 1:38:50 PM
From: ~digs   of 7944
 
[06:36] > silver, horizontal resistance on daily broken last week .. (7.6x) .. we are now seeing the backside retest .. if this breakout is for real, it should hold
[06:38] <Quixande> agreed, tho silver could go as low as 7.50 and not really do any damage
[06:38] > yeah but i think that leads to another month of chop
[06:39] <Quixande> i like to think of it not so much as chop, but as... uh... platform buiding. :)
[06:43] <Quixande> when it finally breaks thru 8 bucks... would like 8 to become next solid floor. the harder she runs away, the harder she falls. don't mind dribble up at all
[06:55] > quix.. surely some momentum wouldn't bother you? :) the basing is healthy but we've seen plenty of that .. the measured move leads to roughly 12 .. i don't think double digits by xmas time is out of the question
[06:56] <Quixande> 12 would tickle me pink. ya, think 10 by xmas is way doable
[06:56] <Quixande> but ready for anything :)
[09:40] <Quixande> metals struggling to bounce off lods... dec silver 7.69 -.045 lod:7.64
[11:42] <Quixande> dec silver hod 7.775
[11:48] > quix spot silver bounced directly off 7.6 .. beautiful
[12:22] <Quixande> silver melt up
[12:26] <Quixande> comex dec silver closes on spectacular reversal off lows to run to hods... 7.86 +.125 hod:7.89 lod:7.64

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