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Strategies & Market Trends : Natural Resource Stocks

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To: yard_man who wrote (3600)	11/21/2003 10:26:44 AM
From: Arik T.G.	Read Replies (2) of 108720

Silver - warning still applies : nothing in recent action makes me think my TA tools are any good here - ST trend - Up, but looks like a small correction is due. The big white candle is NOT a sign of strength. I have seen in Gold recently that the big impressive candles are more commonly counter the IT trend. IT trend - Looks up but rather ripe. If I was long Silver I would have been selling the next marginal high after the next small correction. LT trend - same as last update. The wave pattern can suggest anything. If there is a major break outside LT support or resistance then the EW pattern could make some sense. ATG Arik

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