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Strategies & Market Trends : Natural Resource Stocks

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To: the Zwei who wrote (18881)	12/14/2004 10:09:45 PM
From: jimsioi	Read Replies (3) of 108710

zwei2, Silver's dive...and miners, notably WTZ Silver is not an eight dollar commodity...especially when the commercial shorts are net short nearly one half billion ozs of the stuff...As to the miners, I am amazed and deeply saddened by the fall from grace of WTZ...seemed to really get started when they announced, guess what, a share offering...Seems I remember that it gets prices on the 20th of December...$7.50 looks like an interesting place to reenter .... The other major silvers are doing technically better, but I think will retest lows as Silver fades off further... stockcharts.com\|B\|B14 I'll be looking at GRS under $5 when it happens....

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