Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: yard_man who wrote (25636)	1/16/2003 6:13:52 AM
From: Arik T.G.	Read Replies (1) of 36161

Hi, Never looked at Silver, so I have no idea if my TA will work on it. IMO Silver has more in common with Copper then with Gold. It's been eons since Silver was money, and I don't believe it's going to regain that status in the foreseeable future. Re: shallow correction in Gold The absolutely minimal correction target was achieved yesterday when the front future went to 348.7 If this is the entire correction then it was a 4 and the 5 should not exceed 373. However if we drop below 342 then it's not a 4 but a 2 of 3 and the 3 of 3 is a choo choo train God knows where move. ATG PS Euro looks like it should correct against the Dollar so I believe there should be a continuation to the Gold correction for a few more days. But corrections are tricky, and have a thousand faces. Better to do like isopatch and ride the trend. ATG

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