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Non-Tech : The Woodshed

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To: Square_Dealings who wrote (6854)5/13/2004 9:13:08 AM
From: jimsioi  Read Replies (2) of 60908
 
michael, yes WTZ doing better, but

The close left a long tail and I don't give the odds of miners being able to bucK the lower general equity market and stronger dollar, today...But as a holder of WTZ, I'm on prayer watch....Maybe it's just the last of the weak hands getting out or as Sinclair said only the foolish hedge funds and small traders selling...but that could have been said with just about as much evidence to back the claim all the way down. If Silver goes through $5.50 it goes to $5...and Gold into the $360s...where the bull arguement really gets tested....This possibly at the end of the week that saw a record trade deficit, and rising inflation numbers....HAs the feel to me like we'll over shoot on the downside about as much as we did on the up....

quotes.ino.com
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