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Strategies & Market Trends : Classic TA Workplace
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To: 200ma who wrote (29089)1/23/2002 9:43:41 PM
From: pater tenebrarum  Read Replies (1) of 209892
 
i believe it will, but it will likely remain a volatile ride. as i always say, the more difficult it is psychologically, the more likely it is a bull market. certainly the SA gold stocks have been outstanding performers so far, and for good reason. i'm in PAAS and SIL as well...the pure play silver stocks are essentially all options on silver, as most need higher metal prices to turn a profit (SIL isn't even producing yet, and i think it could be profitable even at current prices actually). considering that silver hasn't made much progress aside from the recent spikes, the silver stocks are surprisingly strong...could be a sign that a long term trend change is indeed occurring. the recent volatility in silver also suggests this.
the usual disclaimers and exhortations to use stops etc. apply.
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